ETH has taken a pretty strong hit recently and is now sitting around the $2,400 zone.

This area looks interesting because buyers are trying to react from the $2,380โ€“$2,400 demand zone.

For me, the key levels are:

๐Ÿ‘‰ $2,400 hold โ†’ possible move toward $2,432

๐Ÿ‘‰ $2,432 reclaim โ†’ next levels around $2,487โ€“$2,491

๐Ÿ‘‰ $2,530 โ†’ bigger resistance

๐Ÿ‘‰ $2,380 break โ†’ could bring more downside pressure

Right now, Iโ€™m just watching how ETH behaves around $2,400. The next few 4H candles could be interesting.

What do you guys think bounce from here or another leg down?

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