ETH/USDT – 2H Chart Quick Update
ETH is currently trading around the $1,980–$2,000 area, showing consolidation after the recent rejection from the $2,150 zone.
Price is moving near the moving average, showing short-term indecision.
The $1,920–$1,940 zone remains a strong support area.
A descending trendline resistance is still limiting upside momentum.
Bullish Scenario:
If ETH holds above $1,950 and breaks $2,040, the next targets could be:
$2,120
$2,180
Bearish Scenario:
If price loses the $1,920 support, we could see a move toward:
$1,850
$1,750
ETH is ranging between key support and resistance, and a break above $2,040 could trigger the next bullish move.
ETH is currently trading around the $1,980–$2,000 area, showing consolidation after the recent rejection from the $2,150 zone.
Price is moving near the moving average, showing short-term indecision.
The $1,920–$1,940 zone remains a strong support area.
A descending trendline resistance is still limiting upside momentum.
Bullish Scenario:
If ETH holds above $1,950 and breaks $2,040, the next targets could be:
$2,120
$2,180
Bearish Scenario:
If price loses the $1,920 support, we could see a move toward:
$1,850
$1,750
ETH is ranging between key support and resistance, and a break above $2,040 could trigger the next bullish move.
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