$ETH plunged from a major high at $2,531.55, following a clean downtrend that printed a series of lower highs at $2,118.43 and $2,105.60. After a tight consolidation range, price broke down again to form a major low at $1,694.87.

Now, #ETH is bouncing back and consolidating just under a key resistance zone near $1,800—with support resting around $1,550.

$ETH If bulls break through resistance, momentum could kickstart a strong leg up.

Keep these levels in focus:

• Resistance: ~$1,800

• Support: ~$1,550

$ETH Structure is shifting. If this recovery holds, ETH could be prepping for a fresh breakout. Stay sharp.