Ethereum Price Prediction: Major Support and Resistance Levels During Play
Ethereum Coin is currently trading $2,427.5important support is stuck in a narrow range $2,400 and 200 EMA Resistance for $2,466.1. The four-hour chart reveals clear combat zones that block clear historical purchase pressures in multiple tests of the $2,400 area highlighted by green arrows.
ETH/USD 4 -Hours Chart -TradingView
However, the price cannot be collected $2,535 Resistance Zonesuggesting that upward momentum is limited unless the Bulls intervene with force.
Technical indicators: RSI and moving averages
- RSI (Relative Strength Index) And it’s neutral 50.84indicating that there is no strong bullish or bearish momentum.
- 200 EMA The (exponential moving average) is currently acting as a dynamic resistance.
- Prices are below 200 EMA. This means bearish bias unless there is a clear breakout.
Important levels to see
support:
- $2,400 – For now, holds marked with multiple bounces (green arrows). A break below this level can trigger a drop to the next key level.
- $2,200 – If $2,400 fails, the following critical support will fail:
resistance:
- $2,466 (200) Emma)) – Immediate resistance.
- $2,535 – Strong horizontal resistance level.
- $2,732 – Medium-term bullish targets if prices exceed $2,535.
Trading setup: What traders should look for ETH coins
A bullish scenario:
If the ETH is broken on top of the 200 EMA and holds it on top $2,466Movement towards $2,535 It’s more likely. Daily closures over $2,535 open doors $2,732.
Rong Long Entry: Over $2,470
🎯Goal: $2,535→$2,732
🛑Stop Loss: Less than $2,400
Bearish scenario:
If Ethereum cannot be held $2,400The decline of the $2,200 It’s highly likely.
short short entries: under $2,390
🎯Target: $2,200
Stop Loss Stop: Over $2,470
Neutral Zone:
ETH is current range $2,400 – $2,466. Traders need to wait for a decisive breakout before entering a big position.
