ETH/USDT – 4H Chart Update
ETH is trading inside a descending broad structure, but the price is now testing a strong demand + trendline support zone.
The current dip looks like a liquidity sweep / stop-hunt into support rather than a trend breakdown.
Price is near the lower rising trendline + horizontal demand high reaction area.
Immediate Support: 2,900 – 2,880
Major Support: 2,780 2,680
Invalidation: Below 2,650 (structure weakness)
Resistance: 3,200 – 3,300
Major Supply: 3,450 – 3,500
Expected Scenario (as marked):
Hold above 2.88K–2.9K base formation → strong bounce
Upside targets: 3.1K 3.3K 3.5K
If support fails deeper pullback toward 2.78K, 2.68K
Neutral-to-bullish as long as demand holds. Patience is key here—reaction at support will decide the next leg.
Not financial advice. Trade with risk management.
