ETHUSDT: Trendline Caps Price, Potential Drop 1.830

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ETHUSDT: Trendline Caps Price, Potential Drop 1.830Ethereum / TetherUSBINANCE:ETHUSDTDomicChainaETHUSDT is trading around 1,889 USDT, showing a slight recovery of approximately 0.69% on the 4-hour (H4) chart, yet it has not broken out of its bearish structure. Macro-wise, Reuters reports a slight decline in Ether during the Asian session, indicating that the cryptocurrency has failed to fully capitalize on the weaker USD environment. On the H4 timeframe, the 1,900–1,910 USDT zone converges with a bearish trendline and continues to act as resistance. If ETH rallies to this area but faces rejection once again, I lean towards the scenario of the price pulling back to the 1,820–1,835 USDT support zone, with 1,830 being a key level to watch.