$ETH Current Price: ~$2,404
Market Structure: Short-term corrective, testing key support zones.
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📉 Key Levels
✅ Immediate Support:
$2,380–$2,400 → This is a critical zone — ETH needs to hold here to avoid deeper downside.
Below $2,380 → Next strong support is $2,350–$2,340.
✅ Immediate Resistance:
$2,420 → Now acts as resistance after breakdown.
$2,450–$2,480 → Must reclaim and hold above for bulls to regain momentum.
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⚙️ Indicators
Trend: Losing short-term momentum; watching for a potential higher low.
RSI (4H): Likely near neutral/oversold — could mean a bounce setup soon if buyers step in.
MACD (4H): Might cross down — momentum slowing.
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🗝️ What I’m Watching
🔑 If ETH holds $2,380–$2,400, we could see a relief bounce toward $2,420–$2,450.
🔑 If $2,380 breaks, watch for a drop to $2,350–$2,340.
🔑 Bulls need to reclaim $2,420+ for the uptrend to resume strongly.
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🎯 Bias & Idea
📊 Short-term bias: Neutral to cautious bullish if $2,380–$2,400 holds.
⚠️ Invalidation: Clean break below $2,380 flips bias to short-term bearish.
🚀 Upside target on bounce: $2,420–$2,450.
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Not financial advice — plan your risk, watch for confirmations! 💪🔍
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