Ethereum / TetherUS
Long
Updated

Lingrid | ETHUSDT Price Compression and Expansion Phases

1 270
ETHUSDT is struggling to hold gains after a rejection from the top of the range, with price retracing back toward the breakout point and key trendline support. The structure remains intact above 2,363, where bulls may attempt another rebound. A sustained move above the blue ascending trendline would open the way toward the 2,650 target, completing the projected rebound path.

📈 Key Levels
  • Buy zone: 2,363–2,400
  • Sell trigger: breakdown below 2,363
  • Target: 2,650
  • Buy trigger: breakout and retest of 2,475–2,500 with volume

💡 Risks
  • Failure to hold the trendline could push price toward 2,159
  • Weak follow-through may stall near 2,550
  • Bearish engulfing from current range top can trap early buyers

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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ETH has started and 1st goal - Done
waiting correction and continuing rise

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