$ETH Ethereum is currently trading around $2,242.62, down 7.74% over the last 24 hours.
After a sharp drop toward $2,206, ETH staged a strong recovery and is now consolidating around $2,242. The 15-minute chart shows buyers attempting to regain control, but the $2,250 resistance remains a key level to watch.
The next move could determine whether ETH starts a short-term recovery or faces another rejection.
Trade Setup
• Entry Zone: $2,245 – $2,252 (after breakout confirmation)
• Target 1 🎯: $2,265
• Target 2 🎯: $2,280
• Target 3 🎯: $2,300
• Stop Loss: $2,230
Key Levels to Watch:
- Resistance: $2,250
- Support: $2,233
- Major Support: $2,206
If ETH breaks above $2,250 with strong volume and holds the level, a move toward $2,280–$2,300 could come into play.
However, losing $2,230 could weaken the bullish setup and bring sellers back into control.
Watch the breakout, follow the volume, and manage your risk.
After a sharp drop toward $2,206, ETH staged a strong recovery and is now consolidating around $2,242. The 15-minute chart shows buyers attempting to regain control, but the $2,250 resistance remains a key level to watch.
The next move could determine whether ETH starts a short-term recovery or faces another rejection.
Trade Setup
• Entry Zone: $2,245 – $2,252 (after breakout confirmation)
• Target 1 🎯: $2,265
• Target 2 🎯: $2,280
• Target 3 🎯: $2,300
• Stop Loss: $2,230
Key Levels to Watch:
- Resistance: $2,250
- Support: $2,233
- Major Support: $2,206
If ETH breaks above $2,250 with strong volume and holds the level, a move toward $2,280–$2,300 could come into play.
However, losing $2,230 could weaken the bullish setup and bring sellers back into control.
Watch the breakout, follow the volume, and manage your risk.
