ETHUSD – Demand Zone Reaction | Bullish Reversal Expected BITSTAMP:ETHUSD
Market Overview
ETHUSD has been consolidating under a descending trendline while repeatedly respecting the key demand zone.
This area has historically absorbed heavy selling pressure, indicating institutional buy orders building up.
If price breaks above minor internal resistance (around 4,050), the breakout could confirm a new bullish leg targeting upper liquidity zones.
Key Scenarios
✅ Bullish Case 🚀 → 🎯 Target 1 4,080 | 🎯 Target 2 4,150 | 🎯 Target 3 4,210
❌ Bearish Case 📉 → Close below 3,920 could extend decline toward 3,860
Current Levels to Watch
Resistance 🔴 4,080 – 4,150
Support 🟢 3,940 – 3,920
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
