$ETH 👈👈 click here to trade
Support Levels:
1. $1775 – Strong recent bounce zone (potential long entry if price respects it).
2. $1745 – Key support zone from late April, if $1775 breaks.
Resistance Levels:
1. $1820–1830 – Key resistance zone; price has been rejected here multiple times.
2. $1855 – Stronger resistance from early May highs.
1. Short-Term Short Position (Momentum-based scalp)
Entry: Around $1800–1805 (if price retests and fails to break above)
SL: $1822
Target 1: $1775
Target 2: $1750 (trail SL after $1775)
2. Bounce Long Trade (Support-based reversal)
Entry: Around $1775
SL: $1740
Target 1: $1800
Target 2: $1820
3. Breakout Long (Conservative)
Entry: Above $1830 (after confirmed breakout)
SL: $1800
Target 1: $1855
Target 2: $1880