Ethereum ($ETH ) Technical Overview

Current Price: $2,208.47

24H Range: $1,890.12 – $2,235.58

Volume Surge: Strong, confirming the breakout

Structure: Textbook V-shaped recovery—a bullish signal

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Key Levels

Support Levels:

$2,135

$2,090

$2,019

Resistance Zones:

$2,257 (short-term barrier)

$2,311

$2,394 (target range for bulls)

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Market Behavior

Buy Pressure is dominant, but with ~86% sell interest recently, profit-taking is clearly happening.

The breakout above $2,200 is significant—if ETH holds above this, bulls stay in control.

Momentum is real, but pullbacks can occur near resistance zones.

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Trading Strategy

Bullish bias while ETH is above $2,200

Expect resistance near $2,380–$2,450

Use $2,135 as your key support zone for invalidation or stop-loss considerations

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