ETH Trade Setup – Recovery Attempt After Deep Correction

$ETH /USDT is trading around 3,831 after dropping nearly 1.7% in the last 24 hours. The price recently rebounded from the 3,670 support zone and is now building short-term momentum. The 1-hour chart shows the formation of higher lows, suggesting an early attempt by buyers to regain control.

If Ethereum sustains above 3,800, it could continue toward 3,900 and 3,980 in the short term. A breakout above 3,980 may trigger a move toward 4,060. However, if the price falls below 3,760, selling pressure could return, pushing ETH back toward the 3,700 region.

Trade Suggestion:

Entry: 3,790 – 3,830

TP1: 3,850

TP2: 3,870

TP3: 3,900

Stop-Loss: 3,760

Ethereum is showing signs of recovery, supported by a rebound from key support levels. As long as ETH remains above 3,780, the near-term outlook favors a continuation toward the 3,900–4,000 resistance zone.

$ETH