$ETH /USDT is showing a short-term recovery on the 5m timeframe, currently trading around 2187 after a sharp drop earlier (-5.93%). Price has bounced from the 2143 zone and is now forming higher lows with a strong push upward, indicating buyers stepping back in with solid volume support.
The structure is turning bullish in the short term, but confirmation requires a clean break above 2200–2220. Holding above 2160 keeps momentum intact, while rejection may lead to consolidation.
Entry Zone: 2170 – 2190
Support: 2160
Resistance: 2200 – 2220
Target 1: 2200
Target 2: 2220
Target 3: 2250
Reason: Strong bounce from key support, improving structure with higher lows, and buying momentum suggest a continuation move if resistance is broken.
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