$ETH: Buyers Defend Key Demand Zone: $ETH Ready for Extension

LONG SETUP ETH

Entry: $2425.50 - $2440.00
Stop Loss: $2339.00
Take Profit: $2620.25 (2R)

Key Levels: Support $2424.51 | Resistance $2467.05

Technical Analysis for $ETH: MACD is bullish (line above signal, positive histogram) and Stochastic is above 70 with a rising K/D, confirming upward momentum. Price sits above the 9, 21 and 50EMA, while RSI near 60 adds strength. With clear 1H/4H support at 2424.5 and resistance at 2467, momentum favors a long move. Together, these indicators favor LONG continuation toward resistance.

Market Context: BTC shows a modest 0.9% bullish gain and mixed 4H/1D trends, while overall market breadth is broadly positive (93% green). This supportive

LONG $ETH