Ethereum moved back above the $2,150 level on the daily chart shared by Ted Pillows on X, putting a key support zone back in focus after a sharp earlier drop. The chart marked that area as an important reclaim point, while also outlining several possible paths for price in the coming sessions. According to the chart, ETH recovered from a deeper selloff and returned to the green support band near $2,150. That zone now stands as the first level to hold. If buyers defend it, the chart points to a possible move higher toward the next resistance area around $2,400. Above that, another resistance zone appears near $2,624. Ethereum Daily Support and Resistance Levels: Source: Ted Pillows on X The chart also showed that Ethereum remains below heavier overhead resistance despite the rebound. As a result, the recovery does not confirm a full trend reversal yet. Instead, it suggests that ETH is trying to stabilize after a breakdown and is now testing whether support can hold. Ted Pillows linked the move to market reaction around reported ceasefire discussions involving the United States and Iran. He also argued that market expectations may be leaning too heavily in one direction. In that view, Ethereum’s reclaim of $2,150 matters more on the chart than any single headline. At the same time, the chart stayed cautious. White projected paths on the image showed both upside and downside scenarios from the current area. One path suggested ETH could climb into the $2,400 zone before facing rejection. Another showed a break lower from $2,150, which could send price back toward the next support regions near $1,760 and even $1,540. That left Ethereum at an important decision point. The reclaim of $2,150 improved the short term structure, but the chart still showed major resistance above and downside risk below. For now, the setup points to a key test of whether ETH can turn that reclaimed level into stable support before any larger move develops. Ethereum Chart Sets $2,500 as First Breakout Target, $4,750 as Higher Objective A daily ETH/USDT chart shared by Satoshi Flipper on X outlined a bullish roadmap that starts with a move toward $2,500 and then points to $4,750 as the larger target. The setup showed Ethereum trading inside a descending channel for months, while recent price action began pressing against the upper boundary. Ethereum Daily Descending Channel Target: Source: Satoshi Flipper on X According to the chart, Ethereum formed a smaller rising structure near the lower end of the broader downtrend channel. That pattern suggested buyers were trying to build momentum after the earlier decline. As a result, the first key test now sits near the channel breakout area around $2,500. The chart marked that level as the initial upside objective. A move into that zone would mean Ethereum has pushed through nearby resistance and challenged the upper trendline of the larger descending channel. Until that happens, the bullish path remains a projection rather than a confirmed breakout. Beyond that, the chart pointed to $4,750 as the larger target if Ethereum breaks out and sustains a broader trend reversal. That level aligned with a previous high area marked on the chart. In that structure, $2,500 acts as the first confirmation zone, while $4,750 represents the longer term objective. At the same time, the setup still depends on follow through. Ethereum remained inside the broader downward channel on the chart, which means resistance has not been fully cleared yet. Therefore, the immediate technical focus stays on whether buyers can force a breakout above the current channel ceiling. Overall, the chart presented a two step bullish scenario. First, Ethereum would need to reclaim $2,500. Then, if momentum holds and the broader structure flips, the path could open toward $4,750. Until the breakout happens, those levels remain targets tied to a still developing setup.
