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🔥$ETH is trading around 2194.03 after rebounding from the 2161.75 low, maintaining short-term recovery momentum as buyers continue defending the recent bottom.
Price remains above MA5 (2187.03) and MA10 (2189.36), but still below MA20 (2224.73) → this keeps short-term momentum constructive while broader bearish pressure remains until ETH breaks higher resistance.
KEY LEVELS
Support: 2188 – 2190
Strong support: 2168 – 2175
Resistance: 2200 – 2210
Major resistance: 2225 – 2240
BULLISH SCENARIO
Hold above 2188 and reclaim 2210
Targets: 2225 → 2240 → 2260
BEARISH SCENARIO
Lose 2188
Retest: 2175 → 2160
MOMENTUM
$ETH continues showing rebound strength after reclaiming MA5 and MA10, suggesting buyers currently control short-term direction.
However, MA20 remains the key technical ceiling, and ETH still needs a stronger breakout above 2210–2225 to shift from recovery bounce into broader bullish reversal.
CONCLUSION:
$ETH remains in short-term recovery mode, but full upside confirmation requires reclaiming 2210+.
Break above 2210 → stronger bullish continuation.
Break above 2225 – 2240 → confirms broader recovery.
Lose 2188 → risks another pullback toward 2175 or 2160.
Watch 2188 – 2225 closely — this remains ETH’s core decision zone.
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