ETHUSD Bullish Target: Clean and Clear SetupETHUSD continues to trade within a healthy bullish market structure, printing a sequence of Higher Highs (HH) and Higher Lows (HL), which confirms that buyers remain in control on the 4-hour timeframe. The recent pullback appears to be a corrective move into a well-defined demand/support zone between 1800 and 1850, where institutional buying interest is likely to emerge.
As long as price remains above this demand area, the bullish outlook remains intact. A strong bullish rejection from the support zone, followed by increased buying momentum, could trigger another impulsive move toward the overhead resistance.
The first major obstacle lies at the 1980โ2000 resistance zone, where sellers have previously entered the market. A decisive breakout and close above this supply area would confirm a continuation of the bullish trend and open the path toward higher price levels.
Bullish Targets
๐ฏ Target 1: 1925 โ Initial resistance and first bullish objective.
๐ฏ Target 2: 2000 โ Key psychological resistance and breakout level.
๐ฏ Target 3: 2100 โ Major bullish target following a confirmed breakout above the resistance zone.
Bullish Bias: The overall structure remains positive while ETHUSD trades above the 1800โ1850 demand zone. Holding this support increases the probability of a bullish continuation toward 1925, 2000, and ultimately 2100 if buyers successfully overcome the major resistance zone.
Long
