$ETH Ethereum is attempting a bullish reversal after bouncing from the supplied $2,420 support level. The 24H gain is 5.23%, while 4H RSI is climbing above 55 and OI has increased 5.8%. The $2,440–$2,465 zone is the proposed entry area. Resistance begins at $2,550, followed by $2,620. Persistent ETF outflow pressure is identified as the main risk to continuation.
📈 Bias: Moderately Bullish | 🎯 Entry: $2,440.00–$2,465.00 | 🛡 Support: $2,420.00 | 🚧 Resistance: $2,550.00 / $2,620.00 | 🎯 Targets: $2,520.00 / $2,580.00 / $2,650.00 | ❌ Invalidation: $2,390.00
Strategy: Support entry with confirmation around the $2,420 bounce structure.
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