ETH trading levels: don’t chase now—wait for your level
As of now, ETH is around $2,330. Over the past few days it has been climbing strongly—its high has already reached about $2,360. The technical picture is clearly bullish, but the RSI has entered the overbought zone, so the most important thing now is to avoid blindly chasing.
Trading plan:
→ $2,300–$2,320: first support. If it pulls back and stabilizes, consider a light long position
→ $2,200–$2,250: second buy zone. A retracement to here feels more comfortable
→ $2,125: key defense level. A breakdown would mean the short-term breakout structure has clearly weakened
→ $2,400: first resistance. Only if it breaks out with increased volume should we look higher
→ $2,500–$2,600: the next target range.
My thinking is simple:
Break above $2,400 → pull back without breaking → go long → targets $2,500/$2,600.
If $2,300 can’t hold, don’t rush to enter—wait around $2,200.
ETH’s current trend is bullish, but the position is already not low. The most important thing in trading is to wait for a pullback—not to chase green candles.$ETH
As of now, ETH is around $2,330. Over the past few days it has been climbing strongly—its high has already reached about $2,360. The technical picture is clearly bullish, but the RSI has entered the overbought zone, so the most important thing now is to avoid blindly chasing.
Trading plan:
→ $2,300–$2,320: first support. If it pulls back and stabilizes, consider a light long position
→ $2,200–$2,250: second buy zone. A retracement to here feels more comfortable
→ $2,125: key defense level. A breakdown would mean the short-term breakout structure has clearly weakened
→ $2,400: first resistance. Only if it breaks out with increased volume should we look higher
→ $2,500–$2,600: the next target range.
My thinking is simple:
Break above $2,400 → pull back without breaking → go long → targets $2,500/$2,600.
If $2,300 can’t hold, don’t rush to enter—wait around $2,200.
ETH’s current trend is bullish, but the position is already not low. The most important thing in trading is to wait for a pullback—not to chase green candles.$ETH