Hi guys, I hope youโre all doing well ๐
After the rejection near $2,410, $ETH has continued its cool-off phase and is now testing the lower side of the short-term range.
Whatโs happening now:
๐ป Short-term pressure
Price dropped below minor support (~$2,330โ2,360)
Momentum is still weak after rejection
Market is slowly drifting down, not crashing
๐ข But structure still holds
Key support near $2,285 is still intact
Higher low structure is not broken yet
This still looks like range behavior, not a full trend reversal
Key levels now:
Support: $2,285 โ $2,250
Resistance: $2,350 โ $2,370
What to expect next:
๐ก Most likely โ $ETH may test $2,285 zone before next move
๐ข Bounce from there = structure stays bullish
๐ด Break below = deeper move toward $2,250 range low
Bottom line:
$ETH is still in a controlled pullback, not a breakdown. The next reaction around $2,285 will be very important
What do you thinkโbounce incoming or more downside? ๐
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Disclaimer: This post is for educational purposes only. It does not contain any buy/sell recommendations or financial advice. Always do your own research โ ๏ธ