WHAT'S NEXT FOR $ETH ?

TRADING SETUP, TARGETS AND RISK MANAGEMENT HERE!

📈 Annotated Wyckoff Phases for $ETH

Spring & Successful Test

• ETH dipped below the support zone (~$2,200–$2,400) to shake out weak holders—a classic Spring—then rebounded sharply.

• The prices held above ~$2,400 during the Test, confirming absorption of supply .

Last Point of Support (LPS )→ Sign of Strength (SOS)

• After the bounce, ETH formed a Last Point of Support (LPS) between ~$2,400–$2,520.

• Price is now attempting a Sign of Strength (SOS) breakout above the upper resistance (~$2,600–$2,650), supported by rising volume .

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🎯 Key Levels & Next Moves

Phase / Signal Level (USD) Significance

Spring ~$2,200 Bear trap low to flush sellers

Test & LPS $2,400–$2,520 Demand confirmed after Spring

SOS Breakout >$2,600–$2,650 Bull trigger—momentum confirmation

Short-term Target ~$3,200 Measured breakout target   

Mid‑term Potential $5k–$6k+ Extended markup projection

🔍 What to Watch

1. Breakout Confirmation – Close and hold above ~$2,600–$2,650 with strong volume—triggers Phase E (markup).

2. Pullback as Retest – A healthy retest to the range top (~$2,600) could provide a second buying opportunity.

3. Volume + On‑Chain Context – Look for declining exchange balances and rising network activity as reinforcement .

4. Risk Management – Place protective stops below the LPS zone (~$2,400). If price falls below that decisively, the structure may be invalid.

✅ Summary

ETH’s recent chart clearly aligns with a Wyckoff Re‑Accumulation:

• ✅ Completed Spring → Test → LPS

• 🔄 Attempting SOS breakout

• 🚀 If SOS is confirmed with volume, expect a move toward $3,200, with possible extension into $5k–$10k territory in a larger cycle.

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$ETH #Ethereum