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🚨Technical Analysis of $ETH (4H) – May 1
$ETH is showing short-term accumulation signals around the $2,280 price zone after a recent pullback.
1. Price Structure
After correcting to the strong support zone near $2,220, ETH showed a mild recovery.
Price is currently moving within a consolidation range, potentially preparing for the next move.
2. Key Levels
Strong Support: $2,220 – the most recent low where buying pressure appeared.
Target Resistance: $2,400 – $2,405.
If ETH breaks above this zone with strong volume, it could confirm a short-term bullish continuation.
3: Trading Volume
Volume remains relatively stable, indicating that the market is waiting for clearer confirmation of the next trend.
4. : Quick Outlook
ETH is currently in a price compression phase.
Holding above $2,250 could increase the probability of a retest of the $2,400 area in the near term.
🎈 Strategy Ideas
Watch the $2,320 level for price reaction.
Consider risk management if price closes below $2,220.
💥Note: This analysis is for reference only and is based on the current chart data. It is not financial advice. Always DYOR before making any trading decisions#IranBlockadeOil4YrHigh #NoviceGrowthCamp #KelpDAO71MUnfreeze

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