$ETH is testing a key decision zone near $2240 after a sharp retracement from $2879. Market momentum is slowing, and traders are preparing for a breakout โ in either direction.
๐ต [LONG IDEA]
ETH shows signs of bullish stabilization on the 4h chart. MACD is easing, and support holds at $2230.
Entry: ~$2235
SL: $2211
TP: $2285 / $2310
Risk: Moderate โ confirmation required via volume.
๐ด [SHORT IDEA]
ETH faces strong resistance near $2255โ2290. Failure to break this range could trigger another leg down.
Entry: ~$2250
SL: $2275
TP: $2215 / $2185
Risk: Dynamic โ short-term volatility expected.
๐ง Smart money is watching closely. Will you ride the bounce or catch the drop?