Lingrid | ETHUSDT Structure Break - Potential Bullish Setup

ETHUSDT recently found support near 3,815 after a sharp selloff and is now stabilizing above the bottom structure. Price action shows a sequence of lower highs within a descending channel, but the latest rebound hints at a possible reversal. A move toward 4,400 is viable if buyers sustain momentum above 4,000–4,100. The broader context still reflects medium-term weakness unless resistance near 4,300 breaks.

⚠️ Risks:

• Failure to hold 4,000 could trigger another retest of 3,815 support.
  
• Macro uncertainty and BTC volatility may weigh on ETH’s recovery.
  
• A rejection near 4,400 could resume the broader downtrend.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!