ETH is retesting one of the last areas of support before the huge down move in price back in March. If it is able to hold the support, it will try to retake the next resistance line, but I would expect it to get rejected a few times before breaking through.
If the $195-$205 line holds throughout, it could become a new long term support
If the $195-$205 line holds throughout, it could become a new long term support