🔹 Price Action
Ethereum is trading around $2,391, cooling off after an explosive breakout from the $1,800–$2,100 range. The rally stalled just below $2,440, with candles now compressing in a tight band—indicating early signs of consolidation or distribution.

🔹 Key Levels
📌 Resistance:
• $2,440 – Recent local high and immediate resistance.
• $2,500 – Psychological level and prior sell zone.

📌 Support:
• $2,300 – Minor support from post-breakout retest.
• $2,160–$2,100 – Previous consolidation zone before breakout.

🔹 Volume & Momentum
📈 Volume surged on the breakout, but has declined since—showing momentum is cooling.
🧭 RSI likely near overbought on the 4H, suggesting limited short-term upside unless volume returns.
⚡ Funding is likely neutral-to-positive—bulls still holding interest, but caution advised.

💡 Scenarios
✅ Bullish Case: Clean breakout above $2,440 → potential rally toward $2,500–$2,550 zone.
❌ Bearish Case: Failure to break $2,440 + low volume → pullback toward $2,300–$2,160 likely.

🧠 What to Watch
• Reaction to $2,440 test—breakout or rejection
• Re-accumulation signs (high-volume bounce at $2,300)
• ETH/BTC pair performance for strength comparison

🚀 Takeaway
ETH is digesting gains after a vertical move. Eyes on $2,440 for continuation—or a cooldown if bulls pause. Risk/reward favors patience here.

📌 Not financial advice—manage your risk and DYOR.