Bulls Defend Support, Eyes on $2,150

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Bulls Defend Support, Eyes on $2,150

Ethers rebound turned into a tug of war, with two analysts pointing to nearby levels that could decide the next move. One chart keeps the upside “choppy” under $1,996, while another redraws micro support at $1,964 to $2,030 and flags $2,150 and $2,215 as the next hurdles.

ETH rally stays choppy as analyst flags $1,996 ceiling

on the ETHUSD 30 minute chart after a rebound that the analyst behind Man of Bitcoin called uneven. In a post on X, the account said it reads the move as “wave c of 3” and set an “ideal” upside target near $1,979.

However, the post added that the setup stays vulnerable while price remains below $1,996. That level sat just above the latest swing, and the analyst warned the pattern could still break lower if ETH cannot reclaim it.

On the chart, a higher resistance line appeared near $2,145, while a lower horizontal level marked $1,755 as a key downside zone. The same chart also showed Fibonacci markers, including 0.786 at $1,832.40 and 0.887 at $1,600.83, as deeper levels that could come into focus if selling resumes.

ETH rebound redraws micro support as higher resistances come into view

Ethers rebound on the ETHUSD 30 minute chart showed a sharp recovery from a recent swing low, according to analysis shared by More Crypto Online on X. The analyst said the structure forced an adjustment to near-term support, placing the micro support band between $1,964 and $2,030 as the zone price needs to defend to keep the short-term structure intact.

The same chart mapped a sequence of impulsive waves off the low, with price pushing through prior congestion before stalling near a mid-range resistance line. As a result, the analyst marked $2,150 and $2,215 as the next resistance areas to monitor on any continuation attempt. Those levels aligned with prior reaction zones and projected extensions on the chart.

Below the market, the chart highlighted deeper downside references if the rebound fails. A broader support shelf sat near $1,820, marked by the 78.6% retracement, while lower extensions clustered near $2,215 to $2,398 on the upside and $1,600 on deeper downside scenarios. The structure framed the move as a developing advance with defined risk below the micro support band.