$ETH finally showing some strength 👀
STORY TIME 📖
$ETH is bouncing perfectly from the confluence of the HTF Falling Wedge and the Ascending Support, making this area a strong demand zone📊.
The recent reaction confirms buyers are defending the Key S/R Area⚡️. If the momentum continues, I am expecting a breakout from the wedge, followed by a move towards the Strong Order Block.
CHARTONOMICS 📊
• Entry: $1,765
• Target: $2,350 - $2,400
• SL: Below the recent swing low (~$1,500)
EXTRAS ‼️
The Key S/R Area will decide the next move. A successful reclaim keeps the bullish momentum intact.
The HTF Falling Wedge breakout + Strong OB above is acting as a Money Magnet 🧲. Once the breakout gets confirmed, buyers could quickly push the price into the supply zone. 🚀
July 5, 2026 11.7K 1
