ETH Price Action Breakdown

Looking at the macro structure here—when I reference a $3,055 retest, I'm talking about going back to touch the original breakout zone of this range. That's the key level.

If ETH can hold that support, we're in a pretty solid long setup. The way this is currently positioned suggests decent upside potential from here, assuming we don't lose that critical support level where the initial range breakout occurred.

This is the kind of setup worth monitoring. Breakouts tested and held tend to set up follow-through moves.