ETHUSD: Bullish Divergence at Major TrendlineEthereum / U.S. dollarBITSTAMP:ETHUSDAbdul_Samad_KhanETHUSD 1W Technical Reason ETHUSD continues to respect its long-term bullish trendline, which has acted as support through multiple major corrections. The recent low again formed around this trendline with a Daily Bullish Divergence, similar to previous instances where bullish divergence appeared near the same long-term support. Price has now moved above the recent Lower High (LH) area around $2,400–$2,500, suggesting improving bullish momentum. Crux: Long-term trendline support + recurring bullish divergence + move above the recent LH support the bullish setup. Historical Price Behavior The long-term trendline has been respected repeatedly since 2019, with previous reactions from this trendline producing significant upside moves. The recurring Daily Bullish Divergence around these major lows adds further confluence to the current setup. Crux: ETH has repeatedly responded to this trendline, and the current setup resembles previous bullish reactions from the same area. Trade Plan Current View: Bullish bias while ETHUSD holds above the long-term bullish trendline and the recent breakout area. Profit Booking: $4,000 Key Level: Previous LH / breakout zone around $2,400–$2,500. Crux: Holding above the breakout area keeps the path open toward the $4,000 target. Disclaimer Disclaimer: This analysis is provided for educational and informational purposes only. It represents my own market analysis based on the factors discussed above and should not be considered financial or investment advice. Always conduct your own research and apply appropriate position sizing and risk management before making any investment decision.