ETH is testing the $2,400 resistance level.

After continuously making higher lows, which points to ongoing accumulation, ETH is now moving against a falling trendline. The price is currently sitting between $2,380 and $2,400. This area is a really important resistance point; it's where we'll likely see what ETH does next.

The market's mood has shifted from flat to a bit more positive, but it's still climbing slowly, not shooting up fast. Usually, when things look like this, the price either breaks through that resistance or gets pushed back down.

The resistance levels we're watching are $2,400, $2,423, and $2,464. But if it falls, the key support levels are $2,315, $2,280, and $2,250.

Momentum seems to be building. Our indicators are starting to tick up, showing some early positive signs, though it's not yet in overbought territory.

If ETH can break past $2,400 and hold that level, we might see it move toward $2,423, and potentially even $2,460. But if it gets pushed back and drops below $2,315, the price could easily fall back into the $2,280-$2,250 range, possibly continuing to trade sideways.

The wisest thing to do right now is wait for a clear signal. This means waiting to see a solid break above resistance, or a clear dip to a support level, before making a move.

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$ETH ‌