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Ethereum Today’s Analysis 2026.5.12
ETH is still in a wide-ranging consolidation zone between 2300 and 2380
Resistance levels: 2340, 2380, 2400 Support levels: 2310, 2280, 2260
Long entry: Consider going long around 2310, add to position near 2340
Stop loss: Break below 2300
Take profit: First take profit near 2340, second near 2380
Short entry: Establish a short position around 2340, add to position near 2380
Stop loss: Break above and hold steady above 2380
Take profit: First take profit near 2300, second near 2280