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🔥 ETH Market Analysis – Bearish Daily Close at $2,303 (Apr 28)
💰 Current Price: $2,290
🕯️ Daily Close: Bearish at $2,303
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📊 Market View
ETH closed the daily candle bearish at $2,303, showing short-term weakness after recent recovery. Price is now hovering near support → market entering a decision phase.
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📈 Market Structure
- H4/D1: Pullback within early bullish structure
- Higher lows still forming
- No confirmed breakdown
👉 This is a correction phase, not a reversal (yet)
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🎯 Key Zones
🟢 Entry Zone:
$2,200 – $2,260 → Strong demand area
🔵 Current Price:
$2,290 → Near entry edge (acceptable)
🔴 Resistance:
$2,350 – $2,400 → Major supply zone
Break above → targets:
- $2,500
- $2,650+
⚫ Support:
$2,180 → Key level
$2,050 → Breakdown level
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⚠️ Notes
- Bearish daily close = short-term selling pressure
- Structure still better than most alts
- Likely scenario:
- Sideways / pullback before continuation
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🧠 Conclusion
$2,290 = decent entry, but not optimal
- No position → Wait for $2,220–$2,250
- Holding → Still valid, structure not broken
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🔥 Trade Setup
- Buy: $2,200 – $2,260
- SL: $2,050
- TP1: $2,400
- TP2: $2,500+
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#ETH #Ethereum #Crypto #Trading #OK
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