$ETH is trading near 2,387.52 after declining from the 2,445.97 high. The chart shows a sequence of lower highs and lower lows, indicating continued short-term selling pressure. Price has bounced slightly from the 2,370.74 low, but buyers still need to reclaim nearby resistance to strengthen the recovery.
Support sits around 2,370.74, with resistance near 2,400.08 and 2,416.63. A sustained move above 2,400 could open the way toward 2,416. On the other hand, a break below 2,370 would weaken the current stabiliza to