$ETH The structure is leaning bullish, with the current price at 2278. The 1-hour Bollinger Bands are rising, and the middle band at 2278.55 is right beneath the price. Key levels: resistance above at 2309–2315. The 20-hour high at 2309.4, the upper Bollinger Band at 2311.3, and the 96-hour high at 2315.2 converge, forming the ceiling for this rebound. Support is at 2253, with the POC and the lower edge of the value area at 2243 providing support nearby; below that is the interim low at 2240. Enter long at market at the current order price of 2277.8. Getting in early is preferable to waiting, with about 1.4% upside to 2309. Set the stop-loss at 2250.79, below the POC. A move back below 2251 would turn the retest into a genuine breakdown, invalidate the bullish thesis, and call for exiting. Target 2313, near the upper Bollinger Band and the 20-hour high, for a risk/reward ratio of about 1.3. One risk to note: if 2309 cannot be decisively broken, price may continue ranging within the 2243–2288 value area, increasing the time cost of holding the long position. #ETH #ETH trend analysis