$ETH is gearing up near a major resistance—critical breakout zone at $1,805
After topping at $2,531.55, #ETH followed a clear downtrend, forming lower highs at $2,118.43 and $2,105.60. The price then moved into a consolidation range, eventually dropping to a major low of $1,694.87. Since then, bulls have regained momentum, pushing price back up.
Right now, $ETH is hovering near the $1,805 resistance zone. A breakout here could trigger a new leg higher, while failure might cause a pullback toward support around $1,500.
Key Zones:
Resistance: $1,805
Support: $1,500
Trade Setup Ideas:
Breakout Entry: Above $1,810
TP1: $1,880
TP2: $1,940
Stop-Loss: Below $1,755
Pullback Entry: Near $1,525 support
TP1: $1,695
TP2: $1,800
Stop-Loss: Below $1,480
$ETH Structure is clear—momentum is building. Wait for confirmation and act with discipline.