Big Picture: Weekend remained to be Range-Bound for ETH. It is still trading into a small range between 3650-2320. Price action is likely to remain indecisive in nature unless and until the range breaks on either side. Under 3k level Bears lead the charge and above 3k Bulls remain in control. So as long as we stay below 3k level the upper hand is with bears who similarly are eyeing a clean sweep below Range-Bottom levels at 1700-1750.
On Upside 2550 is a minor intra-day resistance. 2630-2650 is now acting as the capping level on the upside. However, break and stronghold above this would open doors for 2750 followed by Daily Range Mid-Point at 2900-3000. This remains to be a key resistance and decisive level for ETH overall direction.
On the Downside, first intra-day support is seen around 2480 level followed by 2380-2320. However losing this support would mean that ETH is likely to revisit 2150 followed by 2080. ETH has multiple supports between 2080-2000 which are likely to act as immense support for the day. MA-200 3-D is observed at 2000 which is an area of massive support.
