$ETH /USDT — Bullish consolidation above $2,300 signals potential breakout continuation toward $2,360–$2,380 if momentum holds

ETH is currently trading around $2,333, showing a mild +0.54% daily gain, indicating steady bullish pressure after holding its key support zone near $2,300.

Price structure suggests:

Support zone: $2,300 – strong demand level where buyers consistently step in

Immediate resistance: $2,337–$2,340 (recent 24h high area)

Next resistance targets: $2,360 → $2,380 if breakout confirms

Volume remains relatively stable, meaning this move is more organic accumulation than speculative spike. The market is currently in a tight range compression, which often precedes a directional move.

If ETH holds above $2,320–$2,300, bullish continuation remains the higher-probability scenario. A break below $2,300 would weaken structure and open a pullback toward lower liquidity zones around $2,280.

Overall bias: mildly bullish with breakout watch above $2,340.