đ„ ETH Reclaims $2,400 After Sharp Slide â But Momentum Still Fragile
Ethereum has crossed back above the $2,400 level and is currently trading around $2,402 , even as it remains down roughly 2.26% over the past 24 hours.
The reclaim comes after several days of pressure that saw ETH dip toward the mid-$2,300s. Buyers stepped in near recent lows, but the bounce so far looks cautious rather than aggressive.
Market Snapshot
BTC is holding in the $81kâ$82k zone
ETH ETFs have seen mixed flows recently, with continued net pressure over the past week
Broader market remains in a defensive mood after the mid-October volatility
The standout? ETH is managing to defend the psychological $2,400 level despite still being in the red on the day â a small sign of resilience after recent selling.
Quick Levels (NFA)
ETH
Support: $2,360 â $2,380
Stronger support: $2,320 â $2,340
Resistance / next target: $2,450 â $2,480
Idea: Long above $2,400 | SL below $2,350 | TP $2,480+
Holding above $2,400 is the immediate test. A clean reclaim with volume could open the door for a move back toward $2,450â$2,500. Failure to hold risks another leg lower.
Is this just a technical bounce or the start of a real recovery? Drop your bias below đ
$ETH
#ETH #CryptoMarkets
Ethereum has crossed back above the $2,400 level and is currently trading around $2,402 , even as it remains down roughly 2.26% over the past 24 hours.
The reclaim comes after several days of pressure that saw ETH dip toward the mid-$2,300s. Buyers stepped in near recent lows, but the bounce so far looks cautious rather than aggressive.
Market Snapshot
BTC is holding in the $81kâ$82k zone
ETH ETFs have seen mixed flows recently, with continued net pressure over the past week
Broader market remains in a defensive mood after the mid-October volatility
The standout? ETH is managing to defend the psychological $2,400 level despite still being in the red on the day â a small sign of resilience after recent selling.
Quick Levels (NFA)
ETH
Support: $2,360 â $2,380
Stronger support: $2,320 â $2,340
Resistance / next target: $2,450 â $2,480
Idea: Long above $2,400 | SL below $2,350 | TP $2,480+
Holding above $2,400 is the immediate test. A clean reclaim with volume could open the door for a move back toward $2,450â$2,500. Failure to hold risks another leg lower.
Is this just a technical bounce or the start of a real recovery? Drop your bias below đ
$ETH
#ETH #CryptoMarkets