$ETH Technical Analysis
Trend: Short-term bearish.
MA60: $2,242.86 – price is slightly below MA60.
Support: $2,239–$2,240.
Resistance: $2,242.50–$2,244.50.
Bullish signal: Break above $2,244.50.
Bearish signal: Break below $2,239.
My view: ETH is showing weak momentum. A breakout above resistance could support recovery, but wait for confirmation before entering a trade.#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax #Ethereum #HKDollarStablecoinHKDAPToLaunchOnSolana #KOSPIFalls3.53%BackBelow6000 #USMidtermElections
Trend: Short-term bearish.
MA60: $2,242.86 – price is slightly below MA60.
Support: $2,239–$2,240.
Resistance: $2,242.50–$2,244.50.
Bullish signal: Break above $2,244.50.
Bearish signal: Break below $2,239.
My view: ETH is showing weak momentum. A breakout above resistance could support recovery, but wait for confirmation before entering a trade.#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax #Ethereum #HKDollarStablecoinHKDAPToLaunchOnSolana #KOSPIFalls3.53%BackBelow6000 #USMidtermElections
