$ETH has recently pulled back into the $1980–$2000 range, which appears to align with a broader rising structure that has been forming over time.


This area is currently acting as a key support zone, where buyers may attempt to stabilize price after the recent correction.


On the upside, the $2050–$2080 range is worth watching, as a move above it could suggest improving short-term momentum. Beyond that, the next resistance is around $2180–$2200.


If price moves below the current support zone, it could indicate a shift in structure and lead to further downside exploration.


I think this is an important level to observe, as the reaction here may help define the next phase of the market.
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