$ETH just staged a solid recovery after printing a major low at $1,694.87, following a heavy downtrend from the peak at $2,531.55. #ETH Price is now consolidating above key levels with early signs of upward momentum.
$ETH We saw rejection around $2,105.60 and a prolonged consolidation phase before the market dipped. But with support holding firm and bulls regaining control, ETH is now eyeing a fresh move higher.
#ETH Key Levels Recap: • Major High: $2,531.55
• Local Rejections: $2,118.43 & $2,105.60
• Major Low: $1,694.87
• Current Price Zone: Around $1,805
Next Bullish Targets:
• TP1: $1,900
• TP2: $2,050
If bulls can sustain this buildup and break resistance near $1,900, $ETH could accelerate quickly toward the $2,050 zone. Keep your eyes on this chart it’s heating up fast!