$ETH
Price is trading around 2,086, holding above the rising trendline that’s been guiding the move. The structure is still bullish, but we’re heading into heavy resistance zones at 2,145 and 2,200. Those levels have capped rallies before, so they’re my key areas of interest.
If #ETH pushes into resistance and rejects, I’ll be watching the 1,990 demand zone as the first spot for buyers to defend, with deeper support sitting near 1,788. As long as the trendline holds, the broader bias stays bullish, but I’m cautious until we see a clean break above 2,200.
Setup Highlights
Current price: 2,086, trending higher
Resistance: 2,145 and 2,200 supply zones
Support: 1,990 (trendline confluence), deeper at 1,788
Bias: Bullish while above trendline, cautious at resistance
Confirmation: 4H close above 2,200 for continuation, below 1,990 for correction
So the plan is straightforward: let price test resistance, and only commit once we see confirmation. If buyers break through 2,200, that’s the signal for continuation. If not, I’ll wait for the dip into demand before stepping back in.