Ethereum Sees Strong Rebound, Faces Key Resistance Levels

Ethereum has staged an impressive rebound from its local bottom and is now testing key resistance levels.

The coming sessions will reveal whether this recovery has enough momentum to continue, as Ethereum begins to face increasingly important resistance levels.

According to the daily chart, ETH is holding above a previously broken descending trendline, confirming that the medium-term structure has improved compared to the aggressive selloff seen in June.

The market has successfully established a sequence of higher highs and higher lows while consolidating above the $1.76K to $1.82K support region, which is a technical improvement positive for token performance, DeFi activity, and broader crypto adoption.