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📈 $ETH Technical Analysis | July 2026
Ethereum is showing clear signs of stabilization after a sharp correction, rebounding over 10% this week. On the weekly chart, ETH has formed a double bottom and successfully broken a bearish trendline — a constructive development.
Key Levels:
Support: $1,650 – $1,700 (critical zone to hold)
Resistance: $1,750 – $1,800 (immediate hurdle)
Next Target: $2,000 if bulls clear resistance
Bias: Bullish while holding above $1,650. A clean break and close above $1,800 could open the door for a stronger move toward $2,000+.
RSI is rising from lower levels, suggesting momentum is shifting in favor of buyers in the short term.
Will ETH sustain this rebound and reclaim $2,000, or will resistance cap the move? 👇
#ETH #Ethereum #CryptoTA #ETHBreaks1700