Current Price: $2,022
Market Trend: Short-term bearish correction inside a sideways market
Major Support: $2,000
Major Resistance: $2,080
Trade Setup
Long Setup (Bounce Play)
Entry: $2,000 – $2,015
TP1: $2,040
TP2: $2,065
TP3: $2,085
SL: $1,985
Short Setup (Breakdown)
Entry: Below $1,995
TP1: $1,975
TP2: $1,950
SL: $2,020
Quick Market View
Right now Ethereum is testing the $2,000 support zone. The market recently rejected the $2,080 resistance, which caused a short pullback. If buyers defend $2,000, a bounce toward $2,040–$2,080 is possible. But if this support breaks with volume, the next move could push price toward $1,975–$1,950.
Traders should wait for confirmation because the market is currently in a decision zone.
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