$ETH USDT$ Signal Post
ETHUSDT$ is currently showing signs of short-term weakness after facing rejection near the 2,390 resistance zone on the 4H timeframe. Price has dropped below key moving averages (MA25 & MA99), indicating bearish pressure in the near term. However, a bounce from the 2,266 support suggests buyers are still active at lower levels, making this a potential range or reversal setup if momentum shifts.
Market structure remains slightly bearish unless ETH reclaims the 2,320–2,330 zone with strong volume. Until then, caution is advised as volatility remains high.
Details: • Resistance: 2,320 – 2,390
• Support: 2,260 – 2,270
• Trend: Short-term bearish, possible consolidation
Trade Setup: • Short Entry: 2,310 – 2,330
• Target: 2,270 / 2,240
• Stop Loss: 2,360
(Alternative: Long above 2,330 breakout with confirmation)
