Ethereum faces immediate resistance at $2,535 and stronger resistance at $2,744 on the weekly chart.
Immediate support for Ethereum is at $2,400, with stronger support at $2,200.
Major psychological support for Ethereum remains at $1,800, indicating potential buyer interest at that level.
The RSI suggests Ethereum is approaching oversold conditions but has not yet hit bottom, providing potential trading setups for both swing and short-term traders.