ETH prediction
the trendline holds.
🔑 Key Levels
Major Resistance: $2,100 – $2,120
Breakout Confirmation: $2,120
Immediate Support: $2,050
Strong Demand Zone: $1,980 – $2,000
📈 Bullish Setup (Primary Idea)
Entry Zone: $2,050 – $2,060
Stop Loss: $1,995
Targets:
🎯 TP1: $2,100
🎯 TP2: $2,140
🎯 TP3: $2,200
💡 A strong breakout above $2,120 with volume could trigger a momentum move toward the $2,200+ liquidity zone.
📉 Bearish Scenario
If ETH loses the $2,000 support, the bullish structure will weaken and price may revisit:
$1,950
$1,900 demand zone
⚡ Technical Insight
Price is forming higher lows (bullish structure)
EMA support is still intact
A retest after $2,120 breakout could offer another entry opportunity
🔥 Conclusion
ETH is currently in a compression phase below resistance. If bulls flip $2,120 into support, the next impulsive move could push price toward $2,200 and higher.
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