Simple Technical View on ETH
After the channel breakout ETH has given a strong upside move and is now trading between two important areas.
On the upside we have a Bearish FVG around 2500 to 2558, where price is currently facing some resistance.
On the downside 2385 to 2400 is acting as an important support zone.
For now ETH is moving between these two areas, so the next directional move can become clearer once price gives a proper breakout from either side on the higher time frame.
Above the upper zone: We can look for further upside continuation.
Below the 2385 to 2400 support zone: Downside momentum can increase.
August 30, 2026 2.8K
