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- Major support - $11.97 (21 day MA)
- The pair has taken support near $12 and slightly recovered from that level. It is currently trading around $12.60.
- ETH/USD minor resistance is around $13.11 and any break above will take the pair to next level till $13.85/$14.85.
- The pair should break above $15.20 for further bullishness.
- On the lower side major support is around $12 (21 day MA) and break below targets $11.20/$10.55. Break below $10 confirms minor weakness.
- Overall bullish trend reversal only below $7.
It is good to buy at dips around $12.45-$12.50 with SL around $11.90 for the TP of $13.85/$14.85/$15.20
