📊 ETH/USDT | 1D (Binance)

Ethereum is currently trading within a descending wedge structure, indicating price compression and declining volatility 🔺🔻. The chart shows price respecting a key demand zone around the lower support 🟩, while facing selling pressure from a major supply zone above 🟥.

This structure suggests a potential volatility expansion ahead ⚡. A confirmed breakout above the wedge and resistance zone could trigger a bullish continuation move 📈, with higher levels as the next targets. Conversely, failure to hold the demand zone may lead to further consolidation or a deeper pullback ⚠️.

Overall bias: Cautiously bullish while support holds 🧠$ETH $BTC