ETH/USD 4H – Potential Bullish Reversal from Key Support Zone
Ethereum has recently experienced a sharp decline, but price action is now approaching a critical support zone between $3,430 and $3,540 — an area that has previously triggered strong bullish reactions.
If this support holds, ETH may attempt a recovery towards the $3,850 – $3,900 resistance area, as indicated by the projected upward move on the chart. This resistance zone aligns with previous market highs, suggesting it could act as a significant target level for any potential rebound.
📌 This analysis is based purely on technical structure and is not financial advice. Always conduct your own research and apply proper risk management when trading.