ETHUSD (4H) – Trendline Break + Bullish Reversal Setup

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ETHUSD (4H) – Trendline Break + Bullish Reversal SetupEthereum / US DollarCOINBASE:ETHUSDFrankAgboEthereum is showing early signs of a **trend reversal** after breaking a long-term descending trendline. This could be the beginning of a **strong bullish move** if momentum holds. ### πŸ” What I’m Seeing * Market was in a clear **downtrend** (lower highs & lower lows) * Price has now **broken above the descending trendline** * We’re seeing a **shift in structure** with higher lows forming * Buyers are stepping in after a liquidity sweep at the lows This is a classic **break + continuation setup to the upside** --- ### πŸ“ˆ Trade Plan **Buy Zone:** * 2140 – 2180 (current zone / slight pullback area) **Stop Loss:** * 1845 (below structure low & demand zone) **Take Profit Targets:** * TP1: 2600 * TP2: 2900 * TP3: 3300 (major resistance zone) --- ### πŸ“Š Why This Trade Works * Trendline break confirms **end of bearish pressure** * Strong reaction from demand zone * Clean risk-to-reward (1:3+) * Clear path toward previous resistance --- ### ❌ Invalidation If price breaks and holds **below 1845**, the bullish setup fails.