Ethereum Rebounds from Support — Can Bulls Reclaim 2,000? for COINBASE:ETHUSD by Yong726
Market Structure The market continues to trade in a bullish structure with higher highs and higher lows. Although momentum has slowed recently, the overall trend still favors buyers as long as key support remains intact. Key Resistance First resistance: 1,940–1,960 A break above this area would signal renewed bullish momentum. Second resistance: 1,980–2,000 This psychological zone is the next major upside target. Major resistance: 2,150–2,170 A sustained move above this level would …
Market StructureThe market continues to trade in a bullish structure with higher highs and higher lows. Although momentum has slowed recently, the overall trend still favors buyers as long as key support remains intact. Key ResistanceFirst resistance: 1,940–1,960A break above this area would signal renewed bullish momentum. Second resistance: 1,980–2,000This psychological zone is the next major upside target. Major resistance: 2,150–2,170A sustained move above this level would strengthen the medium-term bullish outlook. Key SupportFirst support: 1,880–1,900This area has repeatedly attracted buying interest. Second support: 1,820–1,840A break below first support could expose this demand zone. Major support: 1,740–1,760Losing this level would weaken the current bullish structure. Market SentimentMarket sentiment remains cautiously bullish. Buyers continue defending key support, while the recent consolidation appears more like a pause within the broader uptrend rather than a confirmed reversal. Please share your view below:Will Ethereum break above resistance and continue higher? Or will sellers defend the range and push price back toward support?More market structure and key level updates will be shared regularly. DisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in theTerms of Use.