ETHUSD Technical Forecast — Bullish Recovery Setup

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ETHUSD Technical Forecast — Bullish Recovery SetupEthereum / U.S. dollarBITSTAMP:ETHUSDXau_InsightssEthereum is currently positioned near a major support and demand zone where buyers could become active again. Despite recent bearish pressure, the broader structure still indicates recovery potential on the higher timeframe. Projected Targets: • Support zone: 1900 area • Resistance targets: 2650 → 3400 • Long-term bullish target: 4116 The chart reflects a possible smart money accumulation phase before continuation toward premium liquidity levels. Reaction from support will determine the strength of the next directional move. Always wait for proper confirmation and manage risk carefully in volatile conditions. This analysis is shared for educational purposes only and should not be considered financial advice.