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Hello everyone
Wishing you all a productive and profitable start to the week.
Let’s take a look at Ethereum.
#ETH is beginning to form a potential inverse head and shoulders structure on the lower timeframe, with price gradually building higher lows.
The key level to watch is the $2,000 neckline. $ETH is currently testing that area, and a clean break above it would confirm short-term strength and open the path toward $2,055, followed by the $2,100 region.
As long as price remains below $2,000, the structure is still developing and buyers haven’t fully taken control yet.
Key levels for today:
Resistance → $2,000 / $2,055
Support → $1,966 / $1,930
Let’s see how price reacts around these zones.