Ethereum is likely to experience elevated volatility today, especially around key intraday levels.
After the recent sell-off, price is attempting a recovery. Immediate resistance is located near $1,935–$1,939, with a stronger supply zone around $1,955.
On the downside, the $1,880–$1,875 area remains the main demand zone. Holding above this level keeps short-term structure stable. Losing it would reopen downside pressure.
There is also an imbalance above near $1,930, which price may attempt to revisit. Below, an unfinished wick area sits around $1,880, which makes both sides technically relevant today.
If $ETH faces rejection from the resistance zone, a pullback toward support remains possible.
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#ETH Update
Ethereum is likely to experience elevated volatility today, especially around key intraday levels.
After the recent sell-off, price is attempting a recovery. Immediate resistance is located near $1,935–$1,939, with a stronger supply zone around $1,955.
On the downside, the $1,880–$1,875 area remains the main demand zone. Holding above this level keeps short-term structure stable. Losing it would reopen downside pressure.
There is also an imbalance above near $1,930, which price may attempt to revisit. Below, an unfinished wick area sits around $1,880, which makes both sides technically relevant today.
If $ETH faces rejection from the resistance zone, a pullback toward support remains possible.
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