The market rewards patience far more often than speed.

ETHUSDT Ethereum has finally broken above its previous descending channel and is now trading above a major resistance area that has turned into a potential support zone. This is an important technical improvement, but it does not mean every breakout should be chased.

At the moment, price is consolidating inside a small bearish flag after a strong impulsive move. This is a normal pause after momentum, and the next breakout will likely determine the short-term direction.

Bullish Scenario

The highest probability setup is a successful retest of the 1900–1890 support zone followed by a bullish breakout from the current flag.

What makes this scenario interesting:
• Previous downtrend channel has already been broken.
• Market structure on the lower timeframe is improving.
• Price is holding above the former breakout level.
• Consolidation after expansion usually prepares the market for the next impulsive move.
• Bullish candlestick confirmation inside the support zone would significantly increase the probability of continuation.

If buyers remain in control, the next objectives are:

• 1974 (first resistance)
  
• 2029 (mid-term target)
  
• Bearish Scenario
  

No trend moves in a straight line.

If the support zone fails and price closes below the 1870 invalidation level, the breakout loses strength and the probability of a deeper correction increases considerably.
In that case, I will stop looking for long positions and wait for fresh bearish price action before considering short opportunities.

Trading Plan

I am not interested in buying random green candles.
I would rather wait for one of these confirmations:

• A bullish rejection from the support zone.
• Bullish candlestick patterns.
• Breakout of the current flag with increasing momentum.
• Strong price action confirming buyers are still defending the trend.

Patience usually produces better entries than chasing price.

As always, risk management comes first.