$ETH Ethereum's current price is around $2,770.71, with a 3.16% increase in the last 24 hours. Here are some key levels to watch ¹:

- *Support Levels:*

- $2,400-$2,450 (strong support zone)

- $2,200 (potential target if support fails)

- $1,700 (critical area for bullish reversal)

- *Resistance Levels:*

- $2,800-$2,900 (resistance zone)

- $2,530 (strong resistance level)

- $3,400-$3,450 (immediate resistance area)

Some analysts suggest a bullish breakout above $2,900 could signal continuation towards $3,000-$3,400, while a breakdown below $2,400 could confirm a bearish continuation targeting $2,200-$2,000 ².

*Trading Setups:*

- *Long Trade:* Entry around $1,889, stop loss at $1,867, target $2,231

- *Short Trade:* Entry around $2,350-$2,400, target $2,300-$2,250, stop loss above $2,410

³ ⁴

*Technical Indicators:*

- *RSI:* Currently around 37.2, approaching oversold territory

- *MACD:* Bearish divergence, momentum weakening

Keep in mind that these levels and indicators can change rapidly. Monitor the market and adjust your strategy accordingly ⁴.