ANALYTICAL SETUP

$ETH

Contract: Perpetual
Current Price: $2,486.38

Market: Consolidating

Market Note: Higher-timeframe structure remains supported above the 4H EMA25, but current 1H/15M price action is weaker below nearby EMA and Supertrend resistance, giving the short side a slight current advantage. The $2,464.62 low is the key breakdown level; failure to break it risks a false breakdown and rebound, while $2,497–$2,518 remains the main overhead resistance zone. Confirmation and retest required before entering.

PRIMARY SETUP

Direction: Short

Entry: $2,463.80

TP: $2,438.00 / $2,418.30 / $2,405.00

SL: $2,474.50

Key Levels

Main Resistance: $2,497.00–$2,518.30
Main Support: $2,464.62

ALTERNATIVE SETUP

Direction: Long

Entry: $2,519.00

TP: $2,536.00 / $2,547.00 / $2,556.60

SL: $2,503.50

Key Levels

Main Resistance: $2,517.00–$2,518.30
Main Support: $2,491.00–$2,497.00

Trade Here: $ETH

Note: This setup reflects my personal observation based on available charts, technical indicators, and derivatives data. Market conditions can change rapidly, so outcomes may vary. Protect your capital, manage risk, trade with discipline, and DYOR.