$ETH Ethereum is trading at $2,246.27, while its broader technical structure remains weak. The supplied data highlights October underperformance, $156 million in October 30 ETF outflows, and price trading below the descending 20-day EMA. Negative funding also creates conditions for potential short squeezes.
đ Bias: Bearish Neutral | đŻ Entry: $2,265â$2,285 | đĄ Support: $2,171 / $2,120 | đ§ Resistance: $2,290 / $2,340 | đŻ Targets: $2,200 / $2,175 / $2,110 | â Invalidation: Clear break above $2,310
Strategy: Watch for bearish rejection inside the entry zone before considering a short setup. Monitor sudden upside squeezes.
#ETH #Ethereum #CryptoAnalysis #TradingStrategy #BinanceSquare
đ Bias: Bearish Neutral | đŻ Entry: $2,265â$2,285 | đĄ Support: $2,171 / $2,120 | đ§ Resistance: $2,290 / $2,340 | đŻ Targets: $2,200 / $2,175 / $2,110 | â Invalidation: Clear break above $2,310
Strategy: Watch for bearish rejection inside the entry zone before considering a short setup. Monitor sudden upside squeezes.
#ETH #Ethereum #CryptoAnalysis #TradingStrategy #BinanceSquare
