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Ethereum bounces from key support, eyes $2,561 target with $10,000 long-term goal in sight.

Technical Signals
21 May 2026
Coinpaper
View Source
Bullish
pluang ai news

Ethereum is recovering from the 0.5 Fibonacci support level near $2,088 and the lower boundary of its rising channel, aiming for a short-term target of $2,561. To strengthen its bullish momentum and pursue a long-term $10,000 target, Ethereum must hold above $1,750, break its descending trendline, and reclaim higher resistance levels around $3,300-$3,500. A failure to maintain these supports could weaken the recovery, but current price action keeps the $2,561 target active as a key milestone in the near term.

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