๐ Market Structure
ETH is currently showing a neutral to mixed trend with higher lows forming but repeatedly facing resistance:
โ๏ธ Short-term momentum is bullish, forming higher lows.
โ๏ธ Major resistance zones are rejecting price multiple times โ mixed signals.
โ๏ธ Macro sentiment (ETF flows, global markets) is a key factor.
๐ Overall, ETH is in a neutral/conditional trend โ breakout or breakdown is possible.
๐ Support & Resistance Levels
โ Support Zones
$2,650 โ $2,750 โ Strong base & historical demand zone.
$2,900 โ $2,920 โ Short-term pivot support.
$3,020 โ $3,065 โ Near-term dynamic support; losing it could trigger deeper drop.
$2,880 โ $2,950 โ Structural support if volatility increases.
๐ Breaking below $2,650 โ next downside target ~$2,500.
๐ฉ Resistance Levels
$3,070 โ $3,100 โ Initial resistance zone.
$3,150 โ $3,200 โ Key level; must reclaim for bullish trend confirmation.
$3,320 โ $3,650 โ Broader breakout target if bullish momentum holds.
๐ Above $3,200 breakout โ trend continuation likely.
๐ Trend Outlook (Short to Mid Term)
๐ฅ Bullish Scenario
โ๏ธ Price reclaims $3,150 โ $3,200
โ๏ธ Holds support above $2,900 โ $3,020
๐ฏ Target 1: $3,300 โ $3,350
๐ฏ Target 2: $3,500 โ $3,650
๐ฏ Target 3: $3,800+ if strong institutional inflow
Market structure confirms higher highs/higher lows if $3,150 breakout stays intact.
โ Bearish Scenario
โ Lose $2,900 support and break below $2,750 โ structure weakens
๐ป Target Down 1: $2,650
๐ป Target Down 2: $2,500 โ $2,600
Short-term momentum shift occurs if $2,750 breaks with volume.
๐ Stop-Loss & Entry Ideas
๐ข Bullish / Long Entry
Entry: $3,020 โ $3,150
Stop-Loss: $2,950
Target 1: $3,300
Target 2: $3,550 โ $3,650
If breakout above $3,200 with volume โ trail stop to breakeven for next targets.
๐ด Bearish / Short Entry
Entry: Below $2,900 break
Stop-Loss: $3,020
Target 1: $2,750 โ $2,650
Target 2: $2,500
Wait for break and retest pattern before entry for safer execution.
๐ Summary
Current Structure: Neutral to slightly bearish until $3,200 breaks.
Bullish Bias: Maintained above $3,150 + higher lows hold.
Bearish Pressure: Strong below $2,900 with selling volume.
Targets:
Upside: $3,300 โ $3,650
Downside: $2,750 โ $2,500
๐ Always place stop-loss outside key zones to avoid false triggers.
