Ethereum is trading around the $2,440 zone, with price action showing mixed signals across timeframes.
🔹 Key Support: $2,379
🔹 Major Support: $2,324
🔹 Immediate Resistance: $2,463
🔹 Next Resistance: $2,549
📈 Bullish Scenario:
A strong daily close above $2,463, supported by buying volume, could open the door toward $2,549.
📉 Bearish Scenario:
If ETH loses the $2,379 support on a daily closing basis, downside pressure could increase toward $2,324.
🎯 My Strategy:
I’m watching for a liquidity sweep, market structure confirmation, and a clean reaction at key levels before forming a directional bias. No blind entries — confirmation matters.
What’s your view on ETH? Bullish breakout or bearish continuation? 👇
#ETH #Ethereum #CryptoAnalysis #priceaction #BinanceSquare
🔹 Key Support: $2,379
🔹 Major Support: $2,324
🔹 Immediate Resistance: $2,463
🔹 Next Resistance: $2,549
📈 Bullish Scenario:
A strong daily close above $2,463, supported by buying volume, could open the door toward $2,549.
📉 Bearish Scenario:
If ETH loses the $2,379 support on a daily closing basis, downside pressure could increase toward $2,324.
🎯 My Strategy:
I’m watching for a liquidity sweep, market structure confirmation, and a clean reaction at key levels before forming a directional bias. No blind entries — confirmation matters.
What’s your view on ETH? Bullish breakout or bearish continuation? 👇
#ETH #Ethereum #CryptoAnalysis #priceaction #BinanceSquare