$ETH ETHUSD continues to trade within the broader prevailing trend, with recent price action showing signs of a corrective pullback phase.
Key Level: 2060
This area previously acted as a consolidation zone and is currently being monitored as a notable resistance level.
Scenario Below 2060
If price remains below 2060, market structure may continue to reflect near-term downside pressure. In this context, the following levels may act as reference support areas:
1966 – Near-term support
1923 – Intermediate support
1876 – Broader support zone
Scenario Above 2060
A sustained move and daily close above 2060 would indicate a shift in the current short-term structure. In that scenario, the following levels may become relevant on the upside:
1920 – Initial resistance
1870 – Higher resistance zone
ETHUSDT
Perp
2,032.33
+0.53%