$ETH is currently trading inside a short-term pullback phase after failing to sustain momentum above the $2150 resistance area. Despite this rejection, the broader structure remains constructive as the market continues forming higher lows.
The $2050–$2080 zone represents a critical support cluster where previous demand and liquidity sit. If buyers defend this region, the market is likely to rotate back toward the $2200 liquidity pocket where sellers previously entered.
EP: $2075 – $2105
TP1: $2190
TP2: $2280
TP3: $2385
SL: $1995
Higher-timeframe trend remains bullish with price holding above major structural support levels. Momentum indicators show cooling rather than reversal, suggesting accumulation rather than distribution. Liquidity resting above $2200 and $2300 creates a strong magnet for price if buyers maintain control near support.
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