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.
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.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.