$ETH is forming a clear accumulation structure inside a rising channel.

Price has bounced from the $2,405 area and is holding the lower trendline, with the current structure suggesting another upside leg toward the $2,540–$2,575 zone.

A push above $2,503 could open the path toward $2,539, followed by the projected high near $2,575.

The key support zone is $2,430–$2,405. Holding this area keeps the accumulation structure constructive, while a breakdown below $2,405 could invalidate the pattern and expose lower levels.

Momentum remains constructive — $2,539–$2,575 is the key upside zone before watching for the projected rejection toward $2,475. 📈
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