Ethereum (Ethereum) is currently trading in a critical range after facing rejection near the $2,400–$2,425 resistance zone. Despite the rejection, the overall structure remains bullish as price continues to hold above key support levels.

This phase reflects healthy consolidation, often seen before a strong breakout or temporary pullback.

📈 Market Structure Overview

Trend: Bullish (short-term uptrend intact)

Resistance: $2,400 – $2,425

Support: $2,320 (trendline support)

Key Behavior: Higher lows forming → buying pressure still present

Ethereum is not showing signs of weakness yet—rather, it's building energy for the next move.

🎯 Professional Trading Setup

🟢 Bullish Breakout Trade

Entry: Above $2,425 (confirmed breakout candle)

Stop Loss: $2,360

Targets:

$2,500 (first resistance)

$2,550 (extended move)

👉 Strategy: Wait for a clean breakout with volume. Avoid fake breakouts.

🔴 Pullback / Breakdown Trade

Entry: Below $2,320 (support breakdown)

Stop Loss: $2,370

Targets:

$2,250

$2,200

👉 Strategy: Enter only after clear breakdown confirmation, not just a wick.

⚠️ Risk Management Reminder

Never risk more than 1–2% per trade

Always wait for confirmation (no guessing entries)

Crypto markets are volatile—discipline beats prediction. $ETH

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