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ETH Key Price Levels and Trading References
✅ Support Level: First support at 2342.76 (SuperTrend line). If broken, the short-term trend turns weaker; second support is around the previous low at 2320.
✅ Resistance Level: 2360-2385 range. Only when prices re-enter and stay above this range can the short-term bullish momentum be restarted.
💡 Short-term Strategy: Currently experiencing weak consolidation. Aggressive traders can monitor the validity of the 2342 support; if it holds, consider a small long position. Conservative traders should wait for a KDJ golden cross or for the price to break back above 2360 before entering, to avoid the risk of a continued pullback.
✅ Resistance level: 2360-2385 range. Only by reclaiming the range can the short-term bullish momentum be restarted.
💡 Short-term outlook: The market is currently choppy and somewhat weak. Aggressive traders may watch the effectiveness of the 2342 support—if it holds, consider a small long; conservative traders wait for a KDJ golden cross, or for the price to stand back above 2360, before entering, to avoid the risk of a pullback continuation (a consolidation/extension within the pullback).