$ETH USDT PERP — Market Overview
Ethereum is showing a strong recovery structure after sweeping liquidity near 1,901.22. Price rebounded with aggressive buyer absorption and is now stabilizing above the 1,950 support zone. Short-term momentum remains bullish as candles continue printing higher lows on the 1H timeframe.
Current price trades around 1,986 with buyers attempting to reclaim the psychological 2,000 level. Volume expansion on the recovery leg signals real demand rather than a weak bounce. If price sustains above 1,970–1,950, continuation toward the recent high liquidity pocket is highly probable.
Key Levels in Play
Resistance: 2,015 — 2,031
Support: 1,950 — 1,923
Trade Plan
EP: 1,975 — 1,990
TP: 2,015 / 2,031
SL: 1,945
Outlook
As long as ETH holds above the 1,950 demand block, bulls remain in control. A clean break and hold above 2,015 will open momentum for an extended upside expansion. Failure to defend 1,950 may trigger a quick pullback toward lower support before the next move.
