ETH/USD TECHNICAL ANALYSIS BULLISH SETUP

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ETH/USD TECHNICAL ANALYSIS BULLISH SETUPEthereum / US DollarCOINBASE:ETHUSDZickey_111. Market Structure Overview The chart has shown multiple Change of Character (CHoCH) and Break of Structure (BOS) points, confirming shifts between bullish and bearish phases. After forming a strong high near 4,250, ETH has been in a bearish market structure, with lower highs and lower lows. 2. Liquidity & Key Levels Equal Highs (EQH) and Equal Lows (EQL) mark liquidity pools. The most recent EQH near 3,900 was swept, indicating liquidity grab before price continuation down. Weak low identified around 3,579–3,550, suggesting potential liquidity inducement for a bullish reversal soon. 3. Current Zone & Entry Area Price has tapped into the entry zone (3,579–3,588) after a sharp decline, aligning with a discounted price zone within the previous bearish leg. This area could serve as an accumulation point before a reversal if demand is confirmed. 4. Possible Scenarios Bullish Scenario: Price holds above the weak low and forms a BOS to the upside. Upside target zones: 3,711.21 (first internal structure) 3,900 (EQH region / liquidity zone) 4,029–4,039 (major target & imbalance fill zone)