🚀 $ETH is showing renewed strength near rising support.


Price has pushed above the local compression zone and reacted cleanly from the ascending support line, hinting that buyers may be regaining initiative.


📉 Technical View:

• Pattern: breakout from a compressed base within a broader descending structure

• Bias: bullish as long as price holds above the reclaimed support zone

• Key Level: ascending support below and descending resistance overhead


✅Full analytics in telegram->  bit.ly/cryptolingrid


⚠ A decisive move back below the recent breakout area would weaken the bullish setup and could reopen the door for renewed downside pressure.


#ETH #Ethereum #ETH Price Analysis#

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January 12, 2026 at 11:20 AM
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