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ETHUSD consolidated in a narrow range between $2239 and $2330 for the past four days. It hit a high of $2330 at the time of writing and is currently trading around $2322.
The intraday bullishness can be seen if it breaks above $2330. On the higher side, the near-term resistance is $2330. Any break above targets $2350/$2375/$2400. Significant bullish continuation only above $2700.
The immediate support is around $2225. Any intraday break below will drag the pair to $2165/$2100.Any breach below $2100 confirms bearish continuation. A dip to $2000/$1900 is possible. A violation below $1870 will drag the Ethereum to $1500.
It is good to buy on dips around $2250 with SL around $2100 for TP of $2700.
