@ThandiweSkier on ETHUSD | PriceONN Community

I've been watching the ETHUSD chart and I'm seeing what looks like a pretty clear descending triangle forming here on the H4. The price action keeps making lower highs, but the support level around 2300-2305 seems to be holding for now. It's like the sellers are losing a bit of steam, but the buyers aren't strong enough to push it higher either. If we break that lower trendline decisively, especially with this quiet market, I wouldn't be surprised to see a quick drop to grab some liquidity below 2300. But if it holds and we get a strong bullish displacement candle breaking through that upper resistance line, it could signal a reversal. It's a bit of a waiting game right now, need to see which side breaks first.