$ETH
Ethereum has followed Bitcoin higher and is currently trading in the $2,410–$2,430 area.
After finding support near the $2,220–$2,250 zone earlier in the week, ETH staged a sharp recovery and has now reclaimed the $2,400 level. Short-term structure has improved, with higher lows forming on the 4h chart.
Key points:
Momentum has turned constructive on the lower timeframes. Price is testing the lower end of the previous consolidation range. Volume has picked up on the upside move.
Levels:
Resistance: $2,450 – $2,480 then $2,520 Support: $2,380 – $2,350 Critical support: $2,280
Bias: Short-term bullish while holding above $2,380. A clean break above $2,480 would open room toward $2,550+. Loss of $2,350 would weaken the recovery.
Ethereum has followed Bitcoin higher and is currently trading in the $2,410–$2,430 area.
After finding support near the $2,220–$2,250 zone earlier in the week, ETH staged a sharp recovery and has now reclaimed the $2,400 level. Short-term structure has improved, with higher lows forming on the 4h chart.
Key points:
Momentum has turned constructive on the lower timeframes. Price is testing the lower end of the previous consolidation range. Volume has picked up on the upside move.
Levels:
Resistance: $2,450 – $2,480 then $2,520 Support: $2,380 – $2,350 Critical support: $2,280
Bias: Short-term bullish while holding above $2,380. A clean break above $2,480 would open room toward $2,550+. Loss of $2,350 would weaken the recovery.
