Short Technical Analysis 📊
$ETH USDT Price has bounced strongly from the recent lows and is now trading above the short-term moving average, showing bullish momentum. However, it is approaching a key resistance zone around 2,380–2,400, near the longer-term moving average.
Trend: Short-term bullish recovery within a broader downtrend
Resistance: 2,380 – 2,400
Support: 2,300 – 2,260
Bias: Cautiously bullish — a breakout above resistance could extend gains, while rejection may lead to a pullback toward support.
Momentum is improving, but confirmation is needed above resistance.#StrategyBTCPurchase