$ETH
/USDT — BREAKOUT PRESSURE BUILDING
$ETH is pushing back into the major resistance zone near $2,060 after a strong rebound from the $1,940 demand base. Buyers stepped in aggressively at the lower demand zone, creating a clean higher-low recovery structure on the 4H chart.
Momentum has clearly shifted bullish as price continues printing strong green candles and reclaiming lost levels. The current move is testing the key supply area around $2,060–$2,080, which previously rejected price.
A confirmed breakout above this zone could unlock the next upside leg toward $2,120–$2,200, where the next liquidity cluster sits.
Key Levels:
Support: $1,980 | $1,940 demand
Resistance: $2,060 | $2,120
Trend Insight: Bullish recovery approaching a critical breakout zone — momentum building.
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