Ethereum Today’s Analysis 2026.5.7


ETH is still oscillating in the low range of 2310-2320
Resistance levels: 2350, 2400 Support levels: 2310, 2300, 2280
Trading Strategy
(1) Low-buy Strategy
Entry: Consider going long around 2310, add to position near 2280
Stop-loss: Break below 2220 effectively
Take-profit: First take-profit around 2360, second around 2400
Entry: Establish a short position around 2350, add near 2400
Stop-loss: Break above and stabilize above 2400
Take-profit: First take-profit around 2300, second around 2230
ETH-1.63%
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