Traders….$ETH Compression Near Range Support

ETH is trading around 1,945 inside a tightening wedge structure. Price is sitting near ascending support while the descending trendline continues to cap upside.

Structure shows:

• Lower highs under descending resistance

• Weak bounces from mid-range

• Price compressing toward decision zone

If ETH loses 1,940 with a clean breakdown, downside toward 1,880–1,870 becomes likely.

Bullish scenario only activates on strong reclaim above 2,000 and break of descending trendline.

Trade idea (conditional):

Short below 1,940

Target: 1,880

Stop: Above 1,990

Compression phase is ending. A breakout or breakdown is coming soon.

#ETH #PEPEBrokeThroughDowntrendLine #PredictionMarketsCFTCBacking #CryptoAnalysis

ETH

1,945.17

-2.25%