$ETH /USDT Technical Analysis 📊

ETH is currently showing consolidation near the $2000 level after a recent bounce from the $1980 support zone. Price is hovering around MA7 and MA25, indicating short-term indecision, while still trading below the MA99 (~$2068), which keeps the higher timeframe trend slightly bearish. Immediate resistance is seen around $2045–$2060, and a breakout above this zone could trigger a move toward $2090–$2120. On the downside, losing $1980 support may lead to further weakness toward $1970. Overall, neutral to slightly bullish in the short term, but still under higher timeframe resistance pressure.

ETH
ETHUSDT
2,059.86
+0.47%