Ethereum is stabilizing after a fast corrective move, forming a tight range that often precedes a directional breakout. The main support zone is holding around 2,636 with a higher short-term base developing near 2,690, which buyers are defending aggressively. This structure shows selling pressure is fading while demand gradually steps in. On the upside, immediate resistance lies around 2,760 followed by a stronger ceiling near 2,775 where price previously stalled. A confirmed breakout above this region would likely trigger momentum continuation toward the next target around 2,820 and potentially higher if volume accelerates. Current price action reflects healthy consolidation rather than distribution, suggesting the market is preparing for another impulse move. As long as ETH maintains above the 2,636 support, bullish continuation remains the favored scenario. Any dips into support are opportunities for structured entries with tight risk management, while a failure below that zone would shift short-term bias neutral. $ETH
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$ETH
Ethereum is stabilizing after a fast corrective move, forming a tight range that often precedes a directional breakout. The main support zone is holding around 2,636 with a higher short-term base developing near 2,690, which buyers are defending aggressively. This structure shows selling pressure is fading while demand gradually steps in. On the upside, immediate resistance lies around 2,760 followed by a stronger ceiling near 2,775 where price previously stalled. A confirmed breakout above this region would likely trigger momentum continuation toward the next target around 2,820 and potentially higher if volume accelerates. Current price action reflects healthy consolidation rather than distribution, suggesting the market is preparing for another impulse move. As long as ETH maintains above the 2,636 support, bullish continuation remains the favored scenario. Any dips into support are opportunities for structured entries with tight risk management, while a failure below that zone would shift short-term bias neutral.
$ETH