ETH - Longs at 4,000–4,100 Confluence? 📉➡️📈

[theSignalyst]

ETHUSDT has been drifting lower on the 4H inside a descending channel. Price is testing the 4,000–4,100 support band, right where the channel’s lower boundary sits — clean confluence for dip buyers.

As long as 4,000 holds, I’ll look for a rotation toward 4,350–4,500 first, then 4,800–4,900 near the major resistance. A decisive 4H close below 4,000 would invalidate the idea and open a deeper sweep before bulls try again.

What’s your move — buy the retest at 4,000–4,100, or wait for a break of the red channel before joining?

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr