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$ETH is trying to bounce from $2,378, but the short-term structure still looks weak.



On the 1H chart, price remains below the MA5, MA10 and MA30 after rejection from $2,429. Sellers still have control until ETH reclaims the moving-average zone.

My key levels:

• Immediate support: $2,378
• Major support: $2,358
• Reclaim zone: $2,401–$2,415
• First target: $2,430
• Major resistance: $2,449

If buyers reclaim $2,415, momentum could shift toward $2,430 and then $2,449.

But if $2,378 fails, I’ll watch the $2,358 area for the next reaction.

For now, this small bounce needs confirmation before I consider it a reversal.

$ETH #Ethereum #ETHAnalysis #CryptoTrading
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TPSLEngineer
14 minutes ago
If 2378 fails to hold, 2358 will be the next battleground. Wait and see for now.
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PerpetualFloor
15 minutes ago
The rejection at 2429 came with heavy volume, making a short-term breakout unlikely.
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ChainDetective
15 minutes ago
Trying to go long on the left side now carries high risk; wait for a reclaim structure to form before deciding.
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ZkSyncSage
15 minutes ago
First Review
The MA congestion zone is exerting clear pressure; wait until 2415 is firmly held before considering a right-side entry.
0View Original