ETH currently trading near 2195 and holding above an important support zone.
Price is consolidating after a strong impulse move, which suggests the market is waiting for the next breakout direction.
๐น Key Support: 2190โ2186
๐น Major Support: 2176โ2165
๐น Resistance: 2208 / 2228 / 2259
Bullish Scenario:
A clean 1H close above 2208 can push ETH toward 2228โ2250.
Bearish Scenario:
If 2186 breaks, price may retest 2176โ2160 zone quickly.
My view:
Short-term market is sideways to slightly bearish until 2208 is reclaimed.
Next breakout from this range can give a good intraday move.
#EarnFreeCrypto2024 #Binance #CryptoTra #ETHUSD T #TechnicalAnalysis
Price is consolidating after a strong impulse move, which suggests the market is waiting for the next breakout direction.
๐น Key Support: 2190โ2186
๐น Major Support: 2176โ2165
๐น Resistance: 2208 / 2228 / 2259
Bullish Scenario:
A clean 1H close above 2208 can push ETH toward 2228โ2250.
Bearish Scenario:
If 2186 breaks, price may retest 2176โ2160 zone quickly.
My view:
Short-term market is sideways to slightly bearish until 2208 is reclaimed.
Next breakout from this range can give a good intraday move.
#EarnFreeCrypto2024 #Binance #CryptoTra #ETHUSD T #TechnicalAnalysis