$ETH remains short-term bearish while trading near the important $2,500 psychological area. The supplied data shows institutional selling flow, a sequence of daily lower highs, and flat OI with funding near zero. However, the 4-hour chart is showing a minor defensive double-bottom structure around the current area. This creates a defined range-play setup, with $2,450 acting as the critical structural support and invalidation below $2,420.
📈 Bias: Bearish Short-Term | 🎯 Entry: $2,480–$2,510 | 🛡 Support: $2,450 | 🚧 Resistance: $2,580 | 🎯 Targets: $2,570 / $2,620 / $2,690 | ❌ Invalidation: $2,420
Strategy: Defensive support-range entry near $2,500, requiring price to maintain the stated $2,450 support.
#ETH #CryptoTrading #Altcoins #BinanceSquare #TechnicalAnalysis
📈 Bias: Bearish Short-Term | 🎯 Entry: $2,480–$2,510 | 🛡 Support: $2,450 | 🚧 Resistance: $2,580 | 🎯 Targets: $2,570 / $2,620 / $2,690 | ❌ Invalidation: $2,420
Strategy: Defensive support-range entry near $2,500, requiring price to maintain the stated $2,450 support.
#ETH #CryptoTrading #Altcoins #BinanceSquare #TechnicalAnalysis