$ETH Market Update 📊
ETH is trading around $2,071 on the 1H chart, showing a strong rebound after the pullback from $2,095 resistance. Price is holding above the key moving averages, indicating buyer strength in the short term.
📈 Trend: Short-term bullish recovery
Market Signals • Price above MA(7) and MA(25) → bullish momentum
• Strong bounce from $2,040–$2,050 demand zone
• Buyers defending the $2,050 support
🎯 Targets •
Target 1: $2,095
• Target 2: $2,130
• Target 3: $2,180
⚠️ Key Support: $2,050
⚠️ Major Support: $2,020
If ETH breaks above $2,095, momentum could push toward $2.13K–$2.18K. Losing $2,050 support may bring short-term consolidation.
#ETH #Ethereum #CryptoTrading #CryptoMarket
ETH is trading around $2,071 on the 1H chart, showing a strong rebound after the pullback from $2,095 resistance. Price is holding above the key moving averages, indicating buyer strength in the short term.
📈 Trend: Short-term bullish recovery
Market Signals • Price above MA(7) and MA(25) → bullish momentum
• Strong bounce from $2,040–$2,050 demand zone
• Buyers defending the $2,050 support
🎯 Targets •
Target 1: $2,095
• Target 2: $2,130
• Target 3: $2,180
⚠️ Key Support: $2,050
⚠️ Major Support: $2,020
If ETH breaks above $2,095, momentum could push toward $2.13K–$2.18K. Losing $2,050 support may bring short-term consolidation.
#ETH #Ethereum #CryptoTrading #CryptoMarket