April 18, 2026 ETH Technical Analysis Strategy



Current Price: 2346
24H Change: -3.17%
Intraday Range: 2343 ~ 2465

Key Price Levels

Resistance

• First Resistance: 2375

• Second Resistance: 2400

• Strong Resistance: 2428, 2465

Support

• First Support: 2343

• Strong Support: 2320

• Breakout Defense: 2300

Market Structure

Daily double top has fallen back, all short- and medium-term moving averages are downward pressure, breaking the upward structure;
4-hour downtrend is complete, RSI is weak, MACD green bars are expanding, bearish momentum continues to release;
Linked to BTC decline, independent buying power is weak, rebounds lack volume, declines with increasing volume.

Trading Strategy

Bullish

Entry: 2343–2320
Stop Loss: 2298
Target: 2375 → 2400

Bearish

Entry: 2375–2400
Stop Loss: 2432
Target: 2343 → 2320 → 2300

Breakout Emergency

• Volume confirms steady above 2400: go long, stop loss 2365, target 2428

• Valid break below 2300: follow the trend short, stop loss 2315, target 2270

Summary

Short-term bearish dominance, focus continues to shift downward; trading range between 2320–2465;
Before breaking above 2400, rebounds are opportunities for short positions; breaking below 2320 opens downward space.
ETH-2,99%
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