ETH/USD at Key Decision Zone – Breakout or Rejection?Ethereum is approaching a major resistance zone around $2,830 – $2,850, which previously acted as strong supply. Price has been climbing steadily along a rising trendline support, indicating sustained bullish momentum.
This creates a decision point where ETH will likely choose its next directional move.
🔼 Bullish Scenario
If price breaks and closes above the resistance zone, it confirms bullish continuation.
In this case, buyers may push price toward the next liquidity zone around:
Target: $2,900 – $2,950
A successful breakout with retest would strengthen the bullish case.
🔽 Bearish Scenario
If price rejects the resistance and breaks back below the trendline support, selling pressure may return.
Downside targets would be:
Target: $2,750
Extended Target: $2,720
This would signal a shift in short-term structure from bullish to bearish.
📌 Key Levels to Watch
Resistance (Decision Zone): $2,830 – $2,850
Trendline Support: Rising from the $2,750 region
Bullish Target: $2,900 – $2,950
Bearish Target: $2,720 – $2,750
📈 Summary
ETH is sitting at a critical decision point. A breakout above resistance opens the door for bullish continuation, while a rejection could trigger a deeper pullback. Traders should wait for confirmation—either a clean breakout or a trendline breakdown.
