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*ETH Analysis â Bearish Breakout Confirmed?*
Ethereum (ETH) just broke below the key trendline support, closing under the 21 EMA. A clear rejection from the 0.5â0.79 Fibonacci zones suggests strong selling pressure.
If ETH fails to reclaim the 3,800â4,000 zone, we might see further downside towards the 3,200â2,800 support levels.