After bouncing from the $1,620 area earlier this month, ETH has recovered and is now trading around $1,768. Buyers are attempting to regain control, but a strong resistance zone is still overhead.
Key Levels
🟢 Support: $1,720 – $1,740
🔴 Resistance: $1,800 – $1,820
🚀 If ETH breaks above $1,820 with strong volume, the next target could be $1,900 – $1,950.
⚠️ If it loses $1,720, price may revisit $1,650.
4H Technical View
Momentum is improving after the recent rebound.
Bulls need a confirmed close above $1,800 to strengthen the uptrend.
Until then, expect possible sideways movement between $1,720 and $1,800.
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ETHUSDT Update 🚀
Ethereum is trading around $1.76K after a strong recovery from recent lows. Bulls are trying to reclaim the $1,800 resistance. A breakout above this level could open the door toward $1,900+, while losing $1,720 may trigger another pullback.
📊 4H Technical Outlook: As long as BTC stays above the $60K–62K area, buyers remain in control. A breakout above $68K could lead to further upside momentum. However, a drop below $59K may trigger additional selling pressure.
💡 Always use proper risk management. No analysis is 100% accurate.