$ETH reached major resistance zone. A confirmed breakout from here could open the door to the psychological $2,000 level.


• Safe accumulation zone: $1,900
• Strong support: $1,840
• Daily MA99 resistance: $1,980
📈 Bullish Scenario - If $ETH reclaims and holds above $1,980 (Daily MA99), buyers could push price toward: $2,000 (psychological level)
A strong hold above $2,000 may extend the rally toward: $2,100 - $2,200
📉 Bearish Scenario - If price fails to break $1,980, expect a pullback toward $1,900 first.
If $1,840 is lost, bullish momentum weakens significantly and a deeper correction becomes more likely.
💡 Key Takeaway
• Break and hold above $1,980 → $2,000 → $2,100-2,200
• Best buying zone remains around $1,900
❌ Loss of $1,840 shifts the short-term structure bearish.
⚠️ My chart doesn't control the market. This is just my personal view, and I can be completely wrong. Do your own research, manage your risk, and don't blame me if the market chooses violence.
ETH1.08%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned