ETH: A decisive weekly range — 1,480–1,580 vs 1,700–1,800
Ethereum is once again approaching an area where the market needs to show its real intentions. The 1,480–1,580 zone currently looks like a strong support area, where buyers may try to defend the structure and prevent a deeper move lower.
For the coming week, I see ETH trading inside a wide 1,400–1,800 range. This is a high-pressure zone where sharp moves can quickly turn into pullbacks, and false breakouts may shake out weak positions on both sides.
If the price holds above 1,480–1,580 and starts forming a confident rebound, the first serious target for buyers will be the 1,700–1,800 resistance area. In my opinion, this is where the real strength test begins. Without a confirmed breakout above this zone, it is still too early to speak about a full bullish reversal.
However, if ETH loses the 1,480 support and confirms below it, the picture becomes much weaker. In that case, the market may start moving toward the lower part of the range near 1,400, where the next major decision point will appear: is this only a deeper pullback, or the beginning of a new wave of selling pressure?
The key idea for the week is not to guess the direction too early. The reaction to the levels is what matters now. ETH is in a zone where one strong confirmed move can define the next several days.
My main scenario:
1,480–1,580 — key support zone.
1,700–1,800 — strong resistance zone.
1,400–1,800 — likely working range for the coming week.
As long as the price remains inside this corridor, the market looks more like it is building energy before the next impulse. A confirmed breakout from the range will show who is really in control — buyers or sellers.
This is not financial advice, but a trading scenario for observation.
Ethereum is once again approaching an area where the market needs to show its real intentions. The 1,480–1,580 zone currently looks like a strong support area, where buyers may try to defend the structure and prevent a deeper move lower.
For the coming week, I see ETH trading inside a wide 1,400–1,800 range. This is a high-pressure zone where sharp moves can quickly turn into pullbacks, and false breakouts may shake out weak positions on both sides.
If the price holds above 1,480–1,580 and starts forming a confident rebound, the first serious target for buyers will be the 1,700–1,800 resistance area. In my opinion, this is where the real strength test begins. Without a confirmed breakout above this zone, it is still too early to speak about a full bullish reversal.
However, if ETH loses the 1,480 support and confirms below it, the picture becomes much weaker. In that case, the market may start moving toward the lower part of the range near 1,400, where the next major decision point will appear: is this only a deeper pullback, or the beginning of a new wave of selling pressure?
The key idea for the week is not to guess the direction too early. The reaction to the levels is what matters now. ETH is in a zone where one strong confirmed move can define the next several days.
My main scenario:
1,480–1,580 — key support zone.
1,700–1,800 — strong resistance zone.
1,400–1,800 — likely working range for the coming week.
As long as the price remains inside this corridor, the market looks more like it is building energy before the next impulse. A confirmed breakout from the range will show who is really in control — buyers or sellers.
This is not financial advice, but a trading scenario for observation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.