$ETH Ethereum at Critical Juncture
Current Market Snapshot
Price: $2,196.61 (-10.07%)
Critical Support & Resistance Levels
Support Zones
Immediate Support: $2,161.36 (24h Low)
Key Support: $2,180 (Previous consolidation)
Critical Support: $2,150 (Major psychological level)
Resistance Levels
Immediate Resistance: $2,260 (Nearest resistance)
Key Resistance: $2,280 (Previous support turned resistance)
Major Resistance: $2,440+ (24h High recovery)
Trading Scenarios
Bullish Recovery
Entry: Above $2,260 breakout
Target 1: $2,300
Target 2: $2,350
Stop Loss: $2,180
Bearish Breakdown
Entry: Below $2,150 break
Target 1: $2,100
Target 2: $2,000
Stop Loss: $2,220
Massive buying pressure (75.89%) despite heavy decline suggests smart money accumulation. Watch for reversal above $2,260 for potential strong recovery play.