TEKT0NIC

$ETH – Breaking Out of the Descending Channel With Bullish Momentum

$ETH has broken out of its descending channel on the 4H chart, shifting momentum firmly back in favor of buyers. Price is currently trading around $1,896, pushing higher after a strong reaction from the lower support zone near $1,750.

The breakout comes as ETH reclaims structure and begins driving toward the next major resistance levels. The chart highlights an intermediate zone around $1,950, which now acts as the first barrier on the path upward. A clean break above this level opens the way toward the broader $2,150–$2,250 resistance zone — the same region where ETH previously topped out.

The structure now favors continuation as long as ETH holds above the descending channel and maintains higher‑low formation.

📈 Key Levels

Support zone: $1,750

Intermediate resistance: $1,950

Major resistance zone: $2,150–$2,250

A sustained hold above the breakout point strengthens the bullish continuation scenario. If ETH clears the $1,950 level with momentum, the next leg toward the $2,150–$2,250 zone becomes the primary expectation.

#ETH #Macro Insights# #Altcoin Season# #Bullish #Ethereum