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Ethereum Today Analysis 2026.5.6
ETH is still oscillating in the high range between 2400 and 2350
Resistance levels: 2400, 2460
Support levels: 2350, 2300
(1) Low-buy Strategy
Entry: Consider going long around 2300, add positions around 2280
Stop loss: Break below 2230 effectively
Take profit: First take profit near 2360, second near 2400
(2) High-sell Strategy
Entry: Establish a short position around 2400, add positions around 2460
Stop loss: Break above and stabilize above 2470
Take profit: First take profit near 2350, second near 2300