#ETH #USDT has broken its descending trendline for the first time in over two months, trading at 1,705 after a strong breakout from a falling wedge. Bulls need to hold 1,680 to target 1,750 and 1,810. A drop below 1,650 could send price toward 1,580, putting the breakout at risk.
The 1,530 base continues to provide solid support, with buyers reclaiming the market structure that defined the recent downtrend. Traders are now watching whether ETH can successfully retest the breakout level and turn former resistance into support. A confirmed hold could strengthen bullish momentum, while a failed retest may trigger renewed selling pressure.