ETH/USDT (4H)Ethereum / TetherKUCOIN:ETHUSDTcryptodailyuk📈 Trend and Structure General: The uptrend (HH + HL) is still in effect. The price is moving within an upward channel, but: It recently made a lower high → the first signal of weakening. Currently, we are closer to the middle of the channel, after a bounce from the bottom. 🔑 Key Levels 🟢 Resistance: 2415 – 2466 → a strong supply zone (rejection) Breaking this out = trend continuation 🟢 Local: 2330 – 2350 → current fight (pivot) 🔴 Support: 2269 → a very important level (already defended) 2195 2117 → the last trendline 📊 Indicators RSI Bounce from ~40 → neutral No overbought → room for an uptrend MACD It was bearish Momentum, but: is starting to flatten → possible upward crossover 👉 meaning: downward momentum is weakening 🔍 Scenarios 🟢 BULLISH Condition: hold 2269 breakout 2350 Target: 2415 → 2466 breakout = even 2500+ 👉 This is the main scenario for now. 🔴 BEARISH Condition: loss 2269 breakout at the bottom of the channel Target: 2195 2117 👉 then the structure changes to bearish ⚠️ Key conclusions The trend is not broken yet But: momentum is weakening we are after a rejection from the top 👉 This looks like: a correction in an uptrend, not reversal (yet)