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ETH/USDT Technical Analysis
Ethereum is currently trading around 2,232 on the daily chart. The overall trend remains bearish, as the price is below MA5 2,280, MA10 2,268, and MA30 2,368.
The first support zone is 2,218, followed by 2,173. If these levels break, further downside pressure may develop.
On the upside, 2,253 is the first resistance. A breakout could push ETH toward 2,268–2,281, with 2,410 as a stronger resistance.
For now, ETH remains in a weak consolidation phase. A confirmed breakout is needed before expecting a stronger recovery. Volatility remains high, so risk management is essential.
$ETH