🚀
$ETH upside momentum brewing after a tightening compression phase.
If buyers continue defending the ascending support, the advance might gradually extend toward the higher trendline overhead.
📉 Technical View:
• Pattern: compression range evolving into an ascending structure
• Bias: Bullish, upward continuation may unfold if the structure keeps expanding
• Key Level: Watch resistance near $2,200 and support around $2,040
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⚠ If price falls back below the ascending support near $2,040, the bullish continuation structure could lose momentum and the market might drift back into consolidation.
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