Technical analysis by persis10t about Symbol ETH on 5/29/2025

ETH has been grinding just below a major resistance zone (~$2,850) after breaking out of a long-term descending channel.This is the final barrier before a potential rally towards $4,000.What to Watch:Resistance: ~$2,850Break above = momentum likely to accelerateRejection = possible pullback to retest breakout zone (~$2,400–$2,200)Structure is strong, but confirmation is key. Bulls must clear this ceiling with volume.Patience. React to a breakout or rejection — don’t front-run.