Ethereum Technical  Analysis: ETH/USD bull legs look shaky within the early $200 territory

• Ethereum price holding sizable gains of over 5% in the latter part of Monday, after a big surge to the upside was observed in early hours.
• ETH/USD bulls struggle to sustain upside momentum, within consolidation trading block. Price had been swinging within this since back end September to early October. $230-215 average swing range.  
• Price looks somewhat shaky within the early $200 territory, upside remains capped for now.  

ETH/USD 60-minute chart  

Spot rate:                   210.93

Relative change:        +5.10%

High:                          232.60

Low:                           193.05

Trend:                        Bullish

Resistance  1:            215.50, resistance on 60-minute chart.

Resistance  2:            218.80, 100MA (60-minute).  

Resistance  3:            232.00, supply zone & upper part of recent swing range.

Support 1:                 210.50, 50MA (60-minute).  

Support  2:                 202.50, support on 60-minute chart.

Support  3:                 190.15, demand zone.