$ETH ETH — Trendline Breakout, Dow Setup Confirmed

ETH has cleanly broken the descending trendline on the 4H chart.

Structure shifted from lower highs to a higher low reclaim.

This is a classic Dow Theory continuation setup:

Downtrend exhausted

Liquidity sweep completed below 2950

Strong reclaim back above value

Momentum turning up with acceptance

Long thesis

Entry zone: 2960–2990

Invalidation: below 2940

Upside target: 3400 → 3560

This is not a random bounce.

This is structure repair + trendline break + momentum alignment.

If ETH holds above the reclaimed level, continuation is the base case.

Weak hands already flushed. Smart money positioning early.

Stay focused. Follow for whale-aligned breakout signals and execution.