Current Trend: Ethereum is trading in a stable to slightly bullish range, showing strong support from long-term holders.
Key Support Zone: $2,200 – $2,250
Immediate Resistance: $2,350 – $2,420
24h Volume: Moderate, indicating healthy market participation without panic selling.
Market Sentiment: Neutral → Bullish
🔍 Technical Insight
ETH is holding above its short-term moving averages, a positive sign.
RSI is near the neutral zone, suggesting room for an upward move.
If ETH breaks above resistance with volume, a short-term rally is likely.
📈 Outlook
Bullish scenario: Break above $2,420 → target $2,550
Bearish scenario: Drop below $2,200 → retest $2,050
⚠️ Always manage risk and use proper leverage settings when trading.
