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$ETH
ETH has shifted from a sharp downside correction into a strong rebound attempt after defending the 2,000 psychological support region.
Key resistance
2,140–2,160 → EMA(200) reclaim zone
2,200 becomes major resistance if bullish recovery momentum strengthens
Key support
2,050–2,000 local demand area
Loss of this zone could expose deeper downside toward the 1,950 region
Bullish scenario
A strong reclaim above EMA(200) with sustained buying volume could trigger continuation toward 2,200–2,260 resistance levels.
Bearish scenario
Failure to break above EMA resistance may keep ETH inside a broader corrective structure and increase rejection risk toward lower support zones.
ETH is currently attempting a recovery after a high volatility selloff and liquidity sweep below 2,020. Until price decisively reclaims EMA(200), short term momentum remains cautious despite the aggressive rebound
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