$ETH /USDT

Current Price: 3,899

Setup: Ethereum is showing signs of recovery after testing the 3,710 support zone. The price has reclaimed the 3,850 region and is now forming a potential short-term reversal pattern on the daily chart. Bulls are defending key levels, but momentum remains fragile near the 4,000 resistance.

Entry: 3,880 – 3,900

Targets:

Target 1: 4,050

Target 2: 4,180

Target 3: 4,350

Stop Loss: 3,720

Analysis: ETH has established a short-term base around 3,700 after multiple rejections from the 3,900 level. A breakout and daily close above 4,000 could confirm bullish continuation toward 4,300. Failure to hold above 3,720 would invalidate the setup and expose a retest of 3,600. Watch BTC momentum and broader market flows for confirmation before entry.