Ethereum (ETH) Market Outlook: Testing Key Support Levels ​The ETH/USDT daily chart on OKX is showing a significant retracement as the market tests a vital demand zone. Here is a professional breakdown of the current technical landscape: ​📊 Key On-Chain & Market Data: ​Current Price: $2,290.01 (Down -2.60%) ​Immediate Support: $2,284.86. This is the line in the sand for bulls in the short term. ​Key Resistance: $2,359.46. A breakout above this level is required to neutralize the current bearish pressure. ​24h Trading Volume: $313.95M, indicating high liquidity and active participation during this price correction. ​🔍 Technical Analysis: ​Trend Status: Despite the recent dip, ETH remains above the long-term SuperTrend support ($2,130.60). However, the immediate price action is bearish as it hovers dangerously close to the local support of $2,284. ​Price Action: After failing to sustain momentum near the $2,466 peak earlier in the month, ETH has entered a downward channel. The red candles on the daily timeframe suggest that sellers are currently in control. ​Market Sentiment: With a +10.98% gain over the last 90 days, the macro trend remains positive, but the short-term outlook requires caution until a reversal signal appears. ​🎯 Strategic Verdict: ​Ethereum is at a crossroads. ​Bullish Scenario: If the $2,284 support holds, we could see a relief rally back towards the $2,360 - $2,400 range. ​Bearish Scenario: A breakdown below $2,280 could lead to a deeper correction toward the $2,150 - $2,200 liquidity zone. ​Investors should monitor the closing candle of the current session for confirmation. $ETH #StrategyMaySellBTC