From TradingView · · 1m 10s
Ethereum at critical support, bulls need to hold 2,350
Ethereum is testing a key support zone that will determine whether the rally continues or bears take control.
In brief
Ethereum is testing a key support zone that will determine whether the rally continues or bears take control. Ethereum's bullish recovery depends on buyers defending the 2,350-2,380 support zone; a break below exposes deeper support at 2,100. Originally reported by TradingView.
Ethereum tests critical support zone
ETH is pulling back to the 2,350-2,380 support area after showing a shift from bearish to bullish structure. This zone is crucial for confirming the next move.
What happens if support holds
If buyers defend 2,350-2,380 and form higher lows, Ethereum could rally toward 2,450, 2,500, and eventually the major resistance zone at 2,600-2,650.
The deeper safety net at 2,100
If Ethereum breaks below 2,350, the next major demand zone sits at 2,100. A decline to this level would put the broader bullish thesis under pressure.
Major resistance blocks the way up
The 2,600-2,650 zone is the most important resistance area on the chart. Price has shown strong volatility here and a sustained breakout is needed for stronger continuation.
The invalidation scenario
A decisive break below 2,350 would weaken the immediate bullish setup and expose the 2,100 demand zone. This is the key risk level to watch.
The headline
Ethereum's bullish recovery depends on buyers defending the 2,350-2,380 support zone; a break below exposes deeper support at 2,100.
