#ETH

From the K-chart perspective, the price has been continuously declining around 2270 and is currently in a clear downtrend channel or bottoming phase. After hitting a low near 2162, the price rebounded and is now oscillating back up to around 2181.
Resistance level: 2190 - 2200 (this area is a dense resistance zone from the previous rebound and also the neckline)
Support level: 2162 (previous low; if broken, the trend will continue downward)
Bullish entry conditions: price volume breaks through the 2190 resistance level and the 15-minute candlestick closes above it.
Target levels: first target 2220, second target 2245.
Stop-loss level: set below 2175 (i.e., if it falls back into the oscillation range).
If the price breaks through 2190, it indicates that the bottom structure at 2162 has formed, and the trend shifts from down to up.
Bearish entry conditions: price volume breaks below the previous low of 2162.
Target levels: with more downside space open, look toward 2130 or lower.
Stop-loss level: set above 2,178.
Breaking below the previous low indicates a failed rebound, and a new round of selling pressure will begin.