$ETH
$ETH IS MOVING SIDEWAYS AFTER A STRONG RECOVERY WHY
Looking at the chart #Ethereum has recovered from the 1550 area and is now consolidating near 1900
The 1880 to 1900 zone is acting as immediate support while 1950 to 2000 remains the major resistance area
The current price action suggests that buyers are still defending the market but momentum has started to slow down
If #ETH breaks above 1950 the next move could target 2000 to 2100
If sellers take control a pullback toward 1800 to 1850 is possible
My expectation is that Ethereum will continue consolidating before the next major move 🚀
$ETH IS MOVING SIDEWAYS AFTER A STRONG RECOVERY WHY
Looking at the chart #Ethereum has recovered from the 1550 area and is now consolidating near 1900
The 1880 to 1900 zone is acting as immediate support while 1950 to 2000 remains the major resistance area
The current price action suggests that buyers are still defending the market but momentum has started to slow down
If #ETH breaks above 1950 the next move could target 2000 to 2100
If sellers take control a pullback toward 1800 to 1850 is possible
My expectation is that Ethereum will continue consolidating before the next major move 🚀