Ethereum Faces Key Test at $2,800 Resistance

In a recent post, the analyst emphasized that $2,800 has acted as both support and resistance multiple times, often triggering significant price swings when broken. ETH’s current approach to this level, therefore, could be decisive for its near-term direction.

“This is the one level you want marked on your charts,” he noted. “A breakout above could open the door for a sharp move higher. Until then, it remains a strong resistance zone.”

The chart accompanying the post shows ETH testing the $2,800 region after a recovery from the $2,100 support.

Historical price action suggests that successful breaks above this zone tend to accelerate bullish momentum, while rejections have led to sharp retracements.

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For now, the market remains on edge as traders await confirmation. A clean break above $2,850 could ignite a rally, but failure to hold may lead ETH back toward lower support levels.

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