On the M5 timeframe for ETHUSD, Ether has shown a consolidating pattern following a downtrend, with recent price action suggesting a potential bullish reversal. The entry candle at 1667.44 (June 12 21:40 UTC) closed above key support levels, indicating strong buyer interest. Volume spikes in the preceding candles, particularly around 1667.82, confirm the strength of the upward momentum. The closing low at 1658.33 acts as a clear support level, with price rebounding above it to form a bullish structure. The recent highs near 1673.6 and 1677.03 suggest a consolidation phase that could extend toward the TP level of 1696.48, which…

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