Ethereum tests $1,815 resistance as traders watch $1,550 support and lower targets within a broader bearish setup.
Ethereum remains within a wider bearish structure despite recovering from its June low. The rebound has now reached its first major resistance area.
ETH is testing the $1,815 level, which could shape its next price move. Buyers need a clear breakout to weaken the current bearish setup.
The leading market view treats the recovery as a corrective bounce rather than a new upward trend. Ethereum’s recent advance has formed three waves.
Traders are now watching resistance near $1,815, $1,926, $2,045, and $2,226. Key support remains at $1,550, $1,400, $1,060, and $900.
Ethereum Recovery Faces Strong Resistance
Ethereum’s rebound from the June low may represent wave two within a larger downward structure. Under this view, the first decline may already be complete. The current bounce could still extend before sellers return.
However, ETH remains below the main resistance cluster, which begins near $1,815. A rejection from this area could keep the broader bearish setup active. Sellers may then target lower support zones during July or August.
CoinGecko data shows Ethereum trading at $1,801.21, up 1.0% and near the upper end of its daily range. Immediate resistance stands at $1,807.37, while support remains near $1,777.39.
ETH remains mildly bullish above $1,800, although it fell 0.6% against Bitcoin to 0.02804 BTC. A clear break above resistance could extend gains, while rejection may send price back toward daily support.
Lower Ethereum Support Levels Stay Relevant
The first major support level sits near $1,550 if Ethereum turns lower. This area could attract buyers after a rejection from current resistance. However, weak demand may expose the next support near $1,400.
$ETH
Ethereum continues to trade within what still appears to be a larger bear market correction. The recovery from the June low remains corrective, with price now testing the first meaningful resistance area.Leading Scenario: The preferred view remains that Ethereum is… pic.twitter.com/ZfYShy7jLU
— More Crypto Online (@Morecryptoonl) July 11, 2026
A deeper decline could bring the $1,060 level back into focus. That zone may become relevant if the wider crypto market faces renewed selling. The $900 level remains the lowest major support within this outlook.
These support areas cannot guarantee a recovery or prevent further losses. Instead, they mark zones where buying interest may become stronger. Price action around each level will help define Ethereum’s next direction.
Read also: Ethereum Price Analysis: Key $1.4K–$1.6K Zone in Focus as Rally Looms
Breakout Could Extend Ethereum’s Corrective Rally
The alternative scenario allows Ethereum’s recovery to form a larger ABC correction. A move above $1,815 could increase the chance of testing higher resistance. The next barriers would stand at $1,926, $2,045, and $2,226.
Even so, crossing one resistance level would not confirm a new bull trend. Ethereum would need stronger buying and sustained trading above the wider resistance cluster. Without those conditions, the rise may remain part of a correction.
Traders may also monitor volume and wider crypto market movements for further direction. Stronger volume could support a breakout and extend the current rebound. Weak demand could leave Ethereum exposed to another move lower.
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