$ETH is showing promising signs of recovery after an extended correction from its previous highs.
The daily chart shows a crucial support zone around $2,180–$2,220, where buyers appear to be starting to step in.
ETH is holding this important level, and a successful rebound could trigger a new upward move.
Key levels to watch:
- Major support: $2,180–$2,220
- Secondary support: $1,900
- Resistance 1: $2,500
- Resistance 2: $2,700
- Major target: $2,850–$2,900
If buyers continue to defend the support level, ETH could regain momentum and challenge the upper resistance zone.
A drop below support would weaken the bullish outlook.
ETH supporters, could the next major rally be about to begin?
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