#ETHTrendWatch

ETH Price Structure: From Drop to Rally, From Rally to Decision
After completing its recent decline within a clear descending channel, ETH entered a sideways consolidation zone with a reaction from the lower band. This movement is not panic; rather, it indicates a controlled re-pricing process.
Key features in the chart:

First, an inclined downtrend (liquidity depletion)

Then, a broad range (3,080 – 3,150 zone)

Currently, the price is near the upper band of the range

This tells us:
The market balances liquidity before choosing a direction.
📌 Important levels

3,150 – 3,160: Range upper band → no trend discussion without a breakout

3,080 – 3,050: Main support → should be maintained without structural disruption

🎯 Strategy approach

No rushing longs while inside the range

A pullback on a breakout of the upper band (retest) is targeted

If it drops to the lower band, support reactions are monitored, and risk is reduced on a breakout

Such structures generally:

Eliminate impatient traders

Save time before a directional move

ETH is currently neither strongly bullish nor weakly bearish.
It’s not indecisive; it’s preparing.
Do you think this structure will resolve with an upward breakout,
or will the supports be tested again?
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