$ETH is trying to breathe after a heavy daily selloff.
Price: $2,120.95
24h High: $2,149.99
24h Low: $2,008.34
24h Volume: 141.38K ETH
Turnover: $293.08M
ETH wicked down to $2,008 and bounced hard, showing buyers stepped in near the psychological $2K support. But the recovery is still not fully confirmed because price is only slightly above MA5 at $2,113, while MA10 at $2,134 is still acting like immediate resistance.
The key level now is $2,134–$2,150. If ETH breaks and holds above this zone, momentum can push toward $2,200, then the stronger resistance near $2,225 MA20.
But if ETH fails here, bears can drag it back toward $2,050–$2,008 fast.
Trade Setup
Entry Zone: $2,110–$2,125
Target 1: $2,150 🎯
Target 2: $2,200 🚀
Target 3: $2,225 🔥
Stop Loss: $2,008
ETH is not clean yet, but the bounce from $2K is important. Above $2,150, bulls start gaining control. Lose $2,008, and the chart turns dangerous again.
