$ETH is showing a strong bounce, but sellers are starting to slow the move.
Ethereum is trading around $1,918.88, down 0.46%, after recovering from the $1,914.00 low and pushing up to a local high near $1,923.57. The move shows buyers stepped in aggressively, but price has struggled to stay above $1,920.
Now the key level is $1,921.94, followed by the recent high at $1,923.57. A clean break above that zone could bring the $1,935.05 24-hour high back into focus.
On the downside, $1,917.73 is the first short-term support. Below that, $1,915.63 and the recent $1,914.00 low become important levels.
ETH has traded around 109,980 ETH over the past 24 hours, with roughly $210.85M in USDT volume.
The bigger picture is still mixed: ETH is up 0.43% today and 10.43% over 30 days, but remains down 17.66% over 90 days.
Right now, the chart is at a decision point. A breakout above $1,923.57 would strengthen the recovery, while another rejection could send ETH back toward the recent support zone.
Ethereum is trading around $1,918.88, down 0.46%, after recovering from the $1,914.00 low and pushing up to a local high near $1,923.57. The move shows buyers stepped in aggressively, but price has struggled to stay above $1,920.
Now the key level is $1,921.94, followed by the recent high at $1,923.57. A clean break above that zone could bring the $1,935.05 24-hour high back into focus.
On the downside, $1,917.73 is the first short-term support. Below that, $1,915.63 and the recent $1,914.00 low become important levels.
ETH has traded around 109,980 ETH over the past 24 hours, with roughly $210.85M in USDT volume.
The bigger picture is still mixed: ETH is up 0.43% today and 10.43% over 30 days, but remains down 17.66% over 90 days.
Right now, the chart is at a decision point. A breakout above $1,923.57 would strengthen the recovery, while another rejection could send ETH back toward the recent support zone.