ETH is currently consolidating after a sharp drop from the $2,295 region toward the strong support zone near $2,226–$2,230, where buyers reacted quickly and pushed price back toward the $2,240–$2,250 range. This support area remains crucial for maintaining bullish structure. As long as ETH holds above $2,226, recovery momentum remains likely with immediate resistance around $2,270–$2,300 where multiple rejections previously formed. A breakout above $2,300 could drive ETH toward the next upside target around $2,360–$2,420 where heavier selling pressure may appear. Selling intensity has reduced after the flush, signaling potential stabilization rather than continuation lower. If support breaks below $2,226, a deeper pullback toward $2,150 could occur before renewed strength. Overall structure favors a corrective rebound attempt. $ETH #OvernightV-ShapedMoveinCrypto
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$ETH
ETH is currently consolidating after a sharp drop from the $2,295 region toward the strong support zone near $2,226–$2,230, where buyers reacted quickly and pushed price back toward the $2,240–$2,250 range. This support area remains crucial for maintaining bullish structure. As long as ETH holds above $2,226, recovery momentum remains likely with immediate resistance around $2,270–$2,300 where multiple rejections previously formed. A breakout above $2,300 could drive ETH toward the next upside target around $2,360–$2,420 where heavier selling pressure may appear. Selling intensity has reduced after the flush, signaling potential stabilization rather than continuation lower. If support breaks below $2,226, a deeper pullback toward $2,150 could occur before renewed strength. Overall structure favors a corrective rebound attempt. $ETH #OvernightV-ShapedMoveinCrypto