ETH/USDT Technical Outlook 🧵
#ETH is currently trying to hold above the structure marked in yellow on the chart. As long as it stays above this region, it could signal the first steps of a potential trend reversal.
📌 Two key levels need to be watched for a clear shift in trend:
1️⃣ 2,130 is the first resistance to monitor.
2️⃣ The main decisive area is the downward trendline around 2,330 — a strong breakout here could favor bulls.
📉 In case of a pullback:
🔹 1,735 acts as the main support level.
🔹 Below that, 1,685 is the secondary support to watch.
🎯 Medium-term target: 2,822
📊 The technical structure is at a decision point — best to keep a close eye on the chart.