$ETH ETHEREUM – LATEST TECHNICAL ANALYSIS
📊 Market Overview
Ethereum is showing mixed momentum, with short-term recovery attempts while the broader daily trend remains under bearish pressure.
Current Market Structure
- Market Bias: Neutral to Bearish
- Key Resistance: $2,305
- Major Resistance: $2,339
- Key Support: $2,237
- Major Support: $2,203
🟢 BULLISH SCENARIO
If ETH breaks and holds above $2,305, buyers could push the price toward:
- Target 1: $2,339
- Target 2: $2,373
🔴 BEARISH SCENARIO
If ETH loses the $2,237 support zone, further downside could follow:
- Target 1: $2,203
- Target 2: $2,170
Technical Indicators
- RSI (14): 36.6
- Daily trend: Bearish
- 4H trend: Mixed
- 1H trend: Bullish recovery
Trading Strategy
Wait for a confirmed breakout or breakdown before entering a position. Always use proper stop-loss and risk management.
⚠️ This is a technical market analysis, not financial advice.
#ETH #Ethereum #CryptoAnalysis #Trading #CryptoMarket #TechnicalAnalysis
📊 Market Overview
Ethereum is showing mixed momentum, with short-term recovery attempts while the broader daily trend remains under bearish pressure.
Current Market Structure
- Market Bias: Neutral to Bearish
- Key Resistance: $2,305
- Major Resistance: $2,339
- Key Support: $2,237
- Major Support: $2,203
🟢 BULLISH SCENARIO
If ETH breaks and holds above $2,305, buyers could push the price toward:
- Target 1: $2,339
- Target 2: $2,373
🔴 BEARISH SCENARIO
If ETH loses the $2,237 support zone, further downside could follow:
- Target 1: $2,203
- Target 2: $2,170
Technical Indicators
- RSI (14): 36.6
- Daily trend: Bearish
- 4H trend: Mixed
- 1H trend: Bullish recovery
Trading Strategy
Wait for a confirmed breakout or breakdown before entering a position. Always use proper stop-loss and risk management.
⚠️ This is a technical market analysis, not financial advice.
#ETH #Ethereum #CryptoAnalysis #Trading #CryptoMarket #TechnicalAnalysis


