#ETH Channel Retest Before Expansion 🚀📈
Ethereum is still moving inside a massive rising channel on the monthly timeframe 🔍
After the recent correction, price is approaching a critical support region near the lower trendline and the mid-channel support zone 👀
The current structure suggests a possible liquidity sweep before continuation toward higher levels.
🎯 Bullish targets after confirmation:
➡️ $5,978
➡️ $6,864
➡️ $7,829
⚠️ Key support zone:
$1,900 – $2,100
⛔️ Invalidation scenario:
Monthly close below the channel support could delay the bullish expansion.
@CryptoRROFFICAIL
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1May 12, 2026 33.2K 40
