May 6, 2026 ETH Technical Analysis Strategy

1. Core Trend

Currently ETH is priced at $2,380, showing intra-day bullish fluctuations, moving in tandem with BTC's bullish rhythm, indicating a phase of catch-up and accumulation; short- and medium-term moving averages are arranged in a bullish pattern, with no volume-driven pullbacks, and buying interest remains stable.

2. Key Price Levels

• First Support: 2,360

• Core Support: 2,330‑2,340

• Strong Support: 2,300

• First Resistance: 2,400

• Core Resistance: 2,420‑2,450

• Strong Resistance: 2,500

3. Technical Signals

Moving averages are arranged in a bullish pattern, RSI is neutral to slightly strong without divergence, MACD continues with a golden cross above the zero line, trading near the upper band of Bollinger Bands, with a complete upward structure.

4. Trading Strategy

Bullish (Main)

Pull back to stabilize at 2,360‑2,370 to go long, target 2,400 → 2,420, stop loss 2,350

Bearish (Countertrend)

Face resistance at 2,390‑2,400 to attempt shorting, target 2,370 → 2,360, stop loss 2,410

Range

Within 2,360‑2,400, buy low and sell high, follow the trend if broken.