Ethereum's price is holding above $1800, a critical level that could determine the future of its bullish trend, with a potential 15% drop if broken.

Current prices: $BTC $ETH $BNB $SOL are stable with $ETH at 0% change in the last 24 hours, while $BTC is also unchanged.

Ethereum's recent pullback has added pressure to the market, but the broader technical structure continues to show signs of resilience with the 2022 ascending trendline still intact at $1650, which is a key level to watch as it has been supporting the price since last year, and a break below it could lead to a further decline.

Support at $1650, Resistance at $2000.

Bullish signal if $ETH breaks $2000 with a target price of $2200.

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