Max Trades|8月 25, 2026 17:42
ETH
This is actually looking really good.
Following the strong breakout, price has now swept the previous high.
While this doesn’t necessarily mean that the bearish structure has already been broken, it definitely strengthens the bullish case.
What will be important now is how price reacts around this level. If we get rejected here and price finds acceptance back below the previous high, we will likely see a pullback into the grey support area.
Should price, on the other hand, close above the previous high and hold, the bearish structure would officially be invalidated.
In that case, I would wait for a pullback and look for a potential continuation setup.(Max Trades)
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