Ethereum · Bitcoinist
Ethereum Price Setup Targets $1,850 As Buyers Defend Key Demand Zone
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Ethereum traders are watching whether a sharp reaction from a lower demand zone can develop into a broader short-term recovery, with one TradingView analyst mapping upside targets as high as $1,850.
Key facts
- A TradingView idea from IGT_Traders frames ETHUSD as a short-term bullish setup after price reacted strongly from the $1,670–$1,690 demand zone
- The first important test sits around the $1,735–$1,755 resistance area
- That makes the trade setup relatively straightforward: ETH needs to hold above the demand zone, build structure through higher lows, and then push through the $1,735–$1,755 area
- The first is $1,750, described as the initial resistance and liquidity objective
Summary
TradingView analyst IGT_Traders says ETHUSD has shown early signs of a bullish market structure shift. The setup centers on buyers defending the $1,670–$1,690 demand zone after a sell-side liquidity sweep. Resistance sits around $1,735–$1,755, with upside targets at $1,750, $1,800, and $1,850. The bullish setup is invalidated on a strong H1 close below $1,690.