$ETH is sitting at a key support area around the 2240– 2260 zone, and so far buyers are defending it well.

The chart shows multiple reactions from this level, which makes it a strong short-term demand area. After the recent drop from 2320, price came back into support instead of breaking down, suggesting this could be a setup for another rebound.

The main level to watch now is 2315 – 2325. That’s the nearby resistance and the area price needs to reclaim for momentum to shift back upward.

My view:

• If ETH holds this support and pushes above 2320, the bounce could extend toward higher levels quickly.

• If support fails, price may revisit lower zones before finding strength again.

The reaction from this lower zone looks constructive, and if buyers stay active here, this setup still favors a move upward. #Ethereum #ETH #CryptoAnalysis