$ETH /USDT Latest Technical Snapshot

Market context:

Ethereum price has been testing key support levels around $2,000–$2,200, a critical zone that could define the next major move. Failure below this belt could extend downside risk. �

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Recent bears have pressured ETH below the psychological $2,000 mark, with attempts to bounce near ~$2,200–$2,300. �

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Support & Resistance (Technical):

Immediate Support: ~$2,000–$2,200 — a major make-or-break area where buyers must defend. �

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Next Resistance: Near ~$2,400–$2,500 — prior reaction zone and short-term supply area. �

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Higher Resistance Clusters: ~$3,000–$3,100 and above — key breakout regions for bulls. �

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Trend & Momentum:

Momentum remains weak to neutral-bearish as price trades below several shorter-term averages and failed to sustain higher levels. �

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Volume signals are mixed — current rally attempts lack strong conviction until a clear breakout above resistance is seen. �

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🔍 Short-Term Bias

Bearish below support: If ETH closes below the ~$2,000 support, further downside pressure toward lower historic zones is likely. �

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Bullish scenario: A strong break and close above ~$2,500–$2,600 with solid volume could signal a shift back to upward momentum. �

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ETH
ETHUSDT
2,022.44
-3.79%