Technical Outlook: ETH Continues Recovery, But Key Resistance Awaits

Ethereum continues to recover after successfully defending the demand zone of $1,540–1,695. The price broke above the recent consolidation range and is now approaching the 50 EMA, while the RSI continues to strengthen above the neutral level. Although short-term momentum has shifted in favor of buyers, ETH remains below higher timeframe moving averages, meaning the broader trend has not yet fully reversed.

📈 EMA Structure (Bullish Recovery Within a Bearish Trend)

20 EMA: $1,695.43

50 EMA: $1,807.53

100 EMA: $1,976.44

200 EMA: $2,261.49

ETH is trading comfortably above the 20 EMA, confirming improved short-term momentum.

The 50 EMA ($1,807) now forms immediate resistance and a key level for trend confirmation.

The 100 EMA and 200 EMA remain major overhead resistance levels.

👉 Short-term momentum is bullish, but the overall structure remains bearish until ETH reclaims the 50 EMA and holds above it.

📐 Fibonacci and Market Structure

ETH remains below the 0.236 Fibonacci level at $2,298.74, confirming that the broader downtrend is still intact.

Buyers reclaimed the resistance zone of $1,767–1,789 after defending the swing low at $1,540.

The price is now testing the next supply zone, where a successful breakout could extend the recovery toward the 50 EMA.

Bullish targets:

$1,789

$1,807 (50 EMA)

$1,851

$1,976 (100 EMA)

Bearish scenario:

Losing $1,695 would weaken bullish momentum and increase the likelihood of retesting support at $1,540.

🧠 ICT / Smart Money Concepts

ETH successfully swept sell-side liquidity and continues to reclaim nearby liquidity pools.

The price is now pushing toward the upper fair value gap (FVG) and supply zone, where sellers may become active.

A confirmed market structure shift (MSS) and a sustained close above $1,807 would significantly increase the probability of a larger relief rally.

📉 RSI Momentum

RSI (14): 57.77

The RSI remains above the neutral level of 50, confirming improving bullish momentum.

A move toward the 60–70 zone would support continuation, while a drop below 50 could indicate waning buying pressure.

📊 Key Levels

🔴 Resistance

$1,789

$1,807 (50 EMA)

$1,851

$1,976 (100 EMA)

🟢 Support

$1,695 (20 EMA)

$1,540 (recent swing low)

📌 Final Outlook

ETH continues to build on its recovery, reclaiming key short-term resistance and maintaining strength above the 20 EMA. The RSI confirms improving momentum, but the real test lies at the 50 EMA, which remains a critical barrier for confirming a broader trend reversal.

✅ Holding above $1,695 keeps the bullish recovery scenario intact.

✅ A breakout above $1,807 would strengthen bullish momentum toward $1,851 and the 100 EMA.

❌ Losing $1,695 would likely shift momentum in favor of sellers and put support at $1,540 at risk.

Overall bias: Neutral to bullish (short-term). ETH is extending its relief rally, but confirmation of a higher timeframe trend reversal requires a decisive breakout and hold above the 50 EMA ($1,807) and the nearby resistance cluster.

$ETH