$ETH /USDT — Pressure Building Below Resistance
Ethereum is not weak — it’s compressing under supply.
After tapping 2404, price pulled back but buyers stepped in quickly. Structure is shifting from range to expansion, but resistance is still active.
Market Read
Higher lows forming on lower timeframe
Rejection from 2400 zone shows supply is not cleared yet
Volume expansion suggests real positioning, not noise
Key Zones
Support: 2365 – 2350
Major Support: 2340
Resistance: 2400 – 2410
Trade Perspective
Continuation
Holding above 2365 keeps bullish pressure intact
Clean break above 2410 can trigger momentum expansion
Pullback
Loss of 2350 opens move back to 2340 liquidity
Below 2340 structure weakens short term
Targets
TP1: 2400
TP2: 2415
TP3: 2450 (if breakout confirms)
Risk
Multiple rejections at 2400 can lead to short-term distribution
Late entries near resistance carry lower reward
Final View
This is a decision zone
Breakout or rejection — next move will not be slow
