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Ethereum is starting to wake up again, and the chart is showing a very interesting structure.
After weeks of consolidation inside an ascending channel, $ETH is now pushing into a key resistance zone around $2,400. This level has acted as a strong barrier multiple times, but the current momentum suggests buyers are gaining control.
What makes this setup important is the series of higher lows forming along the rising support, which signals steady accumulation. Each dip is being bought faster than the previous one, tightening price action toward the resistance line.
If Ethereum manages to secure a daily close above $2,400, it would confirm a breakout from this structure. Historically, when ETH breaks similar consolidation ranges after a strong recovery, the move tends to be fast and aggressive.
The next logical liquidity zone sits near $2,700–$2,800, which could become the next magnet for price if the breakout holds.
In simple terms:
• Support is rising 📈
• Buyers are stepping in consistently
• Resistance is now being tested
A clean breakout here could be the trigger that sends ETH into its next expansion phase.
All eyes on $2,400. If that level flips to support, things could move very quickly.