$ETH
š Current Price Action
ETH is trading around $2,787, up over 4% today, oscillating between $2,667 and $2,821 intraday .
It recently broke above key resistances at $2,600ā$2,650, peaking near $2,832, supported by both bullish trendlines and the 100āhour SMA in the $2,750 area .
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š Support & Resistance Zones
Support Levels:
**$2,750** ā rising trendline + hourly chart support .
**$2,650ā$2,600** ā prior resistance that flipped to support; a drop below could test $2,500 .
Low range ā down near $2,400, then $2,100ā$2,200 for a deeper correction .
Resistance Levels:
Immediate ceiling: around $2,820ā$2,850, just below the 200āday moving average .
Next hurdles: $2,880ā$2,920, then the bullish zone between $3,000ā$3,120 .
Barchart pivot zones also highlight resistance at $2,851, $2,930, $3,062, and support at $2,642, $2,511 .
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š® Whatās Next?
Bullish scenario: A clean breakout above $2,850ā$2,880 with volume could fuel a push toward $3,000ā$3,120 .
Bearish scenario: A rejection at $2,820ā$2,850, especially if volume declines, could send ETH back toward $2,750, then $2,650ā$2,600, and possibly down to $2,400 .
Range structure: ETH remains within a broader $2,400ā$2,800 range; a decisive break (with volume) above or below this zone could define next directional bias .
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ā Summary Table
Level Type Notes
$2,750 Support Short-term trendline + SMA
$2,650ā$2,600 Support Key horizontal support zone
$2,400 Support Lower bound of monthly range
$2,820ā$2,850 Resistance Near 200āDMA + recent highs
$2,880ā$2,920 Resistance Next major barrier
$3,000+ Resistance Psychological and $3k mark