ETHUSD – Breakout Retest in Progress | Bullish Rally Ahead

Ethereum (ETH) is currently retesting the breakout zone around $1,800 after a strong bullish move.

As long as the price holds above the $1,800-$1,801 support area, a continuation towards higher levels is expected.

Key resistance levels to watch:

1,946.5 (psychological resistance)

2,114.7

2,241.5 (major target)


A successful retest and bullish confirmation could trigger a rally towards the 2,200+ zone.

Plan:
Look for bullish signals on lower timeframes around $1,800 support.
Consider entering long positions with targets at 1,946.5, 2,114.7, and 2,241.5.
Place stop-loss orders slightly below the $1,800 zone to manage risk effectively.