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ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 is finally pushing into the upper resistance of this falling channel after days of consolidation.
Price is now testing the breakout area around 0.39–0.40. If bulls manage to hold above this zone, we could see a strong continuation move toward the 0.54 area next.
The structure is starting to shift bullish, but confirmation only comes with a clean breakout and hold above the channel resistance.
Until then, rejection from this level can still send price back inside the range. 👀
ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3