$ETH recently rebounded from the $1,800–$1,900 support zone after several weeks of selling pressure. During this move, the RSI climbed back above 50, which can indicate improving market momentum.
Key levels traders are watching:
• Resistance: $2,111–$2,150
• If price breaks higher: potential move toward $2,250–$2,300
• Support: around $1,900, with a deeper structural range between $1,700–$1,850.
Another indicator to note is the Coinbase Premium Index, which recently turned positive. This metric often reflects stronger buying activity from U.S.-based investors.
If $ETH holds above resistance levels, bullish momentum could continue. If rejected, the market may revisit nearby support areas.
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