$ETH Builds Support Structure as Price Eyes Major 3,400–3,600 Resistance Zone
$ETH is trading at 2,003 and forming a clean support base on the daily timeframe. The two “xx” levels on the chart highlight where buyers previously stepped in, creating a structural foundation that has held multiple times. This repeated defense suggests that Ethereum is stabilizing after a period of downward pressure.
Above current price sits a major resistance zone between 3,400 and 3,600, marked as the next significant area where momentum could shift. The upward projection on the chart reflects the possibility of a long‑term recovery toward that zone if support continues to hold. At the same time, the downward arrow acknowledges the risk of a deeper pullback should the “xx” structure fail.
$ETH is currently positioned at a decision point, with the next major move likely defined by how price reacts around these support levels.
