$ETH Ethereum is testing an important structural support after falling 7.85%. Daily RSI near 35 indicates oversold conditions, while flat funding suggests limited willingness to aggressively increase short positions at support. However, ETH remains below short-term moving averages. The $2,200 level is crucial for determining whether buyers can establish a meaningful recovery.
đ Bias: Bearish | đŻ Entry: $2,200â$2,230 | đĄ Support: $2,200 | đ§ Resistance: $2,310 | đŻ Targets: $2,280 / $2,310 / $2,380 | â Invalidation: Break below $2,170.
Strategy: Consider a support-entry setup only after observing buying confirmation around $2,200.
#Ethereum #ETH #CryptoAnalysis #TradingStrategy #Binance
đ Bias: Bearish | đŻ Entry: $2,200â$2,230 | đĄ Support: $2,200 | đ§ Resistance: $2,310 | đŻ Targets: $2,280 / $2,310 / $2,380 | â Invalidation: Break below $2,170.
Strategy: Consider a support-entry setup only after observing buying confirmation around $2,200.
#Ethereum #ETH #CryptoAnalysis #TradingStrategy #Binance
