Ethereum Bullish Reversal Setup from Key Support Zone

This chart shows Ethereum (ETH/USD) forming a descending channel approaching a strong support level around $3,883. A potential breakout from the downtrend is expected, targeting successive resistance levels at $3,971.7, $4,065.7, and $4,160.4. The analysis suggests a bullish reversal if the support holds and price breaks above the channel.