Ethereum (ETH/USDT) – Today's Trading Trend
Saturday, 7 November 2026 | Binance
$ETH traders should watch Bitcoin's direction and ETH's support and resistance before entering a trade.
Trading strategy: Wait for a confirmed signal rather than buying or selling in a hurry.
Key price levels
Level ETH price
Resistance 2 $2,320
Resistance 1 $2,265
Current reference $2,236
Support 1 $2,196
Support 2 $2,146
Trading scenarios
LONG: Consider only after a confirmed breakout above $2,265.
SHORT: Consider if $ETH breaks below $2,196 and fails to recover.
WAIT: If price stays between support and resistance, avoid chasing trades.
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