FALSE BREAKOUT AT ETHEREUMEthereum / US DollarCOINBASE:ETHUSDRendra_AzrulsyahIm Rendra Azrulsyah, I read the market price structure, not prediction. So, lets analyze Ethereum support level Ethereum has jus formed a false breakout, but this in not a bearish signal, because the candle body volume is equal to the volume of spike Ethereum has just broken above the the 2,542 resistance level, but it failed to maintan its momentum, resulting in a pullback. Before we move on, we can see here that this resistance was formed in mid august, and it's represent a strong resistance level, with a bullish flag pattern forming SUPPORT LEVEL TO JUMP IN THE BULLISH MARKET Here we have three level of support, the first one is the minor support which has just formed at 2,446 level and this is the weakest support level, but it san still considered as potential entry level. The second one is the 2,359 level, this is the support level of bullish flag pattern, this support level is the best option for an entry level. However, if this pattern fail to hold against bearish pressure, the final support is the major support at the 2,076 level, and this would be our backup entry plan. So if you are bullish, at which level would you enter, leave a comment bellow *Disclaimer:* This analysis is provided for *educational and informational purposes only* and should not be considered financial, investment, or trading advice. Cryptocurrency markets are highly volatile and involve significant risk, including the potential loss of capital. The technical levels and price targets presented above are based on technical analysis and represent potential scenarios, not guaranteed outcomes. Investors should conduct their own research and consider their individual risk tolerance before making any investment or trading decisions.