$ETH Descending Trendline Pressure – Bounce Setup?Ethereum / TetherKUCOIN:ETHUSDTAltcoinPioonersETHUSDT ETH Descending Trendline Pressure – Bounce Setup? Current trend: ETH's tracing a sharp downtrend from 4K highs, now slamming the 3,176 support with a wedge-like compression—sellers dominating but volume fading hints at exhaustion 🛡️. Hold support? Likely yes; prior lows and 200 EMA confluence could spark buyers if wicks hold. Breakout above resistance? Watch 3,900 flip on close—could reverse to 4,100 if trendline breaks bullishly 🚀. Dip risk? Sharp to 3,000 on breach, fueled by BTC correlation. Target: Upside 3,500 on defense; downside 3,050 buffer. Indicators tracking: RSI (32, oversold snap), Trendline slope, and MACD histogram curl 📉. #ETHTrading #CryptoWedge #AltcoinPioneers