ETH/USD Bullish Reversal Setup from Trendline Support

ETH/USD is respecting a support trendline and forming higher lows. Price is currently consolidating near the trendline support, suggesting potential for a bullish reversal. The projected move targets the \$2,882.5 resistance level. A strong bounce from the \$2,436–\$2,296 support zone could trigger the next upward impulse.

Here is a proper Take Profit (TP) and Stop Loss (SL) setup based on the chart:

Entry Zone: Around \$2,436–\$2,460 (near support trendline)

Take Profit (TP):

TP1: \$2,650
TP2: \$2,750
TP3 (final target): \$2,882.5

Stop Loss (SL): Below the trendline and last swing low

SL: \$2,296

This setup offers a favorable risk-to-reward ratio if the price respects the trendline and resumes upward momentum.