Ethereum is trying to recover, but two charts show the rally still facing pressure at nearby resistance zones. At the same time, support levels below are now critical because a successful retest could decide whether ETH pushes higher or slips back into weakness. Ethereum Rebounds Into Resistance While Support Remains Fragile Ethereum is trying to recover after a sharp drop, but the chart shows that the first major test sits near the $2,400 area. That red zone has already acted as resistance before, so ETH now needs to break and hold above it to strengthen the rebound. Until then, the move looks more like a recovery inside a weak structure than a confirmed trend reversal. Ethereum / TetherUS 2D. Source: TradingView,Ted on X Below that, the main support zone sits around $2,150 to $2,200. The chart shows buyers stepping in around that area after the selloff, which makes it the key floor in the short term. If ETH stays above that band, it may continue pushing higher toward the next resistance levels. However, if it loses that support, the structure could weaken again and open the way for another move lower. The wider setup still looks cautious. Price remains below several higher resistance zones, including the larger areas near $2,780 and $3,400. Because of that, even a short term bounce would not fully change the broader bearish structure. For now, Ethereum is trading between nearby support and overhead resistance, with the next direction likely to depend on whether buyers can clear $2,400 or fail back under the lower support band. Ethereum Pulls Back From Resistance as Retest Sets Up Next Move Ethereum is pulling back after another rejection from the resistance zone near $2,360 on the 4 hour chart. The setup shows ETH failing to break that red supply area and now moving back toward support around $2,190. That support level matters because it has already acted as a base during recent price action. Ethereum / U.S. Dollar 4H. Source: TradingView,Aman on X If Ethereum holds that retest, the chart suggests buyers could try another push higher. In that case, price may return to the resistance zone first and then attempt a breakout toward the upper $2,400 area. The projected path on the chart reflects that bullish scenario, but it still depends on support holding during this pullback. However, the move is not confirmed yet. Right now, Ethereum remains between resistance overhead and support below, which keeps the setup balanced in the short term. For now, the chart points to a simple structure: rejection at resistance, retest of support, and then a possible rally only if buyers defend that lower level.
