🔸 Key Support Zone at $1,900 - $2,200:
ETH has successfully broken through the key $2,200 resistance and flipped it into support. This confirms strength and continuation of the bullish structure. The price is now building momentum above this level.
🔸 Upside Target: $3,200 – $4,500
With strong follow-through above $2,500, ETH could be eyeing the $2,800 zone next. Holding this level opens room toward $3,200 and $4,500 in the coming months.
🔸 Risk Level at $1,900:
Losing $1,900 on a daily or weekly close would invalidate the bullish bias and expose price back toward $1,500 or lower.
🔸 Outlook:
Continue adding on dips near $2,400–$2,500 using DCA.
Watch for consolidation above $2,500 to confirm strength.
Raise stop loss to breakeven if in from sub-$2,200 entries.
Reassess if ETH falls below $2,200 with volume.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.