Ethereum charts now point to a market that sits at a key turning point. One setup shows a short term battle around support and resistance, while the other highlights deeper downside levels if selling pressure returns.
Ethereum Faces Resistance Near $2,155 as Chart Points to Split Setup
The chart does not show ETH back above $2,200 in a firm way. Instead, it shows Ethereum trading around $2,234 after a sharp drop, while the key nearby zone sits lower around $2,155. That green area acts as immediate support. So now the setup looks more balanced than clearly bullish.
Ethereum / TetherUS 1D Chart. Source: Ted Pillows on X
If ETH holds above that support band, the chart suggests a recovery toward the red resistance zone near $2,400. After that, price could extend toward the next marked level around $2,624. However, buyers still need to reclaim $2,400 first, because that area capped price before and now stands as the main barrier.
On the other hand, if Ethereum loses the $2,155 support zone, the chart points to a drop toward roughly $2,015. Then, if selling continues, the next downside target sits near the lower green support around $1,775. So the image supports a two way view: hold $2,155 and ETH may push toward $2,400, lose it and the downside opens again.
Ethereum Weekly Chart Shows $1,550 and $1,070 as Key Support Zones
The weekly chart points to a broader channel structure, with two major support levels standing out below the current range. According to Ali Charts, if Ethereum is still moving inside a parallel channel, then the most important downside zones to watch are $1,550 and $1,070.
ETH Weekly Chart. Source: Ali Charts on X
That reading suggests Ethereum may still have room to fall before reaching stronger long term support. First, the $1,550 area stands out as the nearer support level. Then, if that zone fails, the chart points to $1,070 as the deeper support below.
At the same time, the chart also shows that these levels are not random. Instead, they align with previous reaction areas on the weekly structure. Therefore, the setup frames $1,550 as the first major floor, while $1,070 stands as the ultimate support if selling pressure continues.
