$ETH AT THE FINAL DECISION POINT! BREAKOUT TO $3K OR BREAKDOWN TO $1.8K?
ETHEREUM is approaching a critical confluence of Descending Trendline resistance, horizontal supply, and structural resistance Near $2,550–$2,660.
The current price action is testing the upper boundary of the prevailing market structure. A decisive breakout above $2,660, followed by a daily close and successful retest, would confirm bullish structural expansion.
Key Levels:
🔹 Resistance: $2,550–$2,660
🔹 Fibonacci 0.382: $2,143
🔹 Fibonacci 0.5: $2,000
🔹 Fibonacci 0.618: $1,870
🔹 Major Support: $1,500
Technical Scenari