$ETH
ETH
Ethereum is still trading within its current channel, with the lower edge sitting around $2434. Key support levels lie at $2379 and $2312—both previous lows that could offer solid rebound zones. This makes the channel bottom a prime area to watch for potential bounces. Traders seeking stability might consider a DCA strategy with 3x leverage across these three levels. For higher risk-reward setups, keep an eye on long opportunities near the fluctuation's lower edge, and don’t ignore potential entries at the mid-range for short-term plays. Smart positioning here could pay off.