$ETH USDT is trading around 2052 after bouncing from the 2046 to 2048 demand zone. The pair reached a 24 hour high near 2073 and a low around 1931, showing solid recovery strength compared to earlier weakness. On the 5 minute chart, Ethereum formed a higher low and pushed back above the 2050 short term pivot level. Volume stands strong at 8.56 billion USDT over 24 hours which supports the bullish attempt. Immediate resistance is located near 2057 to 2070 while support rests around 2045 and then 2025. If $ETH sustains above 2050 and builds consolidation, a retest of 2070 plus is possible. A breakout above 2073 could trigger momentum continuation toward 2100 psychological resistance. However rejection near 2060 to 2070 may cause another pullback toward 2040 liquidity. Overall short term bias is slightly bullish as long as price holds above key intraday support levels.

ETH

1,836.58

-3.50%