ETH is up +4.0% in a day—here’s my look at the order book
Had a quick look before bed: ETH at $2,378, up +4.0% over 24h, with $520 million in volume and a volume ratio of 1.0.
Resistance is at $2,527 (6.2% away), then $2,807 above that. A high-volume hold above $2,527 would count as a breakout. If it hits that level for the first time and fails to push through, wait for a pullback and get back in if support at $2,174 holds. If it breaks below, it’s a false breakout—accept the loss.
If your position is small, you can wait for confirmation; if it’s large, think about your stop-loss first. These are personal notes, not investment advice.
Do you think this move can continue? Share your reasons.
The above is my personal market observation, not trading advice. DYOR.
$ETH #ETH #BTC #MarketMoves
Had a quick look before bed: ETH at $2,378, up +4.0% over 24h, with $520 million in volume and a volume ratio of 1.0.
Resistance is at $2,527 (6.2% away), then $2,807 above that. A high-volume hold above $2,527 would count as a breakout. If it hits that level for the first time and fails to push through, wait for a pullback and get back in if support at $2,174 holds. If it breaks below, it’s a false breakout—accept the loss.
If your position is small, you can wait for confirmation; if it’s large, think about your stop-loss first. These are personal notes, not investment advice.
Do you think this move can continue? Share your reasons.
The above is my personal market observation, not trading advice. DYOR.
$ETH #ETH #BTC #MarketMoves