# EthereumRecovery

#CryptoMarketBouncesBack #ETH Technical Outlook: Ethereum Shows Early Recovery Signs
Ethereum is attempting a short-term recovery after the recent corrective decline from the $3,350–$3,730 resistance zone (0.5–0.618 Fib). Price has rebounded from the local base near $2,100 and is currently trading around $2,260–$2,290, signaling that buyers are starting to regain momentum.
EMA Structure (Bearish but Improving)
20 EMA: $2,071 (reclaimed, short-term support)
50 EMA: $2,210 (first major resistance)
100 EMA: $2,516
200 EMA: $2,838
ETH has reclaimed the 20 EMA and is approaching the 50 EMA, indicat