$ETH is currently moving sideways near the $2,300 area after facing repeated rejection around the $2,400 resistance level. The market is clearly range-bound, with both buyers and sellers actively defending their zones. Price action is tightening with lower volatility, often a sign that a strong directional move could be approaching.

Trade Setup:

Entry Zone: $2,280 – $2,320

Take Profit:

* $2,380

* $2,420

* $2,480

Stop Loss: $2,220

Be patient in this zone — a confirmed breakout above $2,400 could open the door for bullish momentum, while a drop below $2,280 would indicate short-term weakness and possible seller dominance.

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