đ„ Ethereum Price Technical Analysis: Key Levels to Watch! đ
đ $ETH Struggles Amid Downward Trend! â ïž
Ethereum (ETH) has been on a strong downward trajectory over the past few months, tumbling from a high of $4,105 in November to $2,160 today. đš
đ Crucial Support Level at $2,000! đš
ETH is currently hovering just above the critical $2,000 support level! đ
This price zone is significant as Ethereum previously failed to break below this level in August & September last year. đ
⥠Triple-Top Formation: Risk of Further Decline? đ
ETH is now at the "neckline" of a triple-top pattern â a bearish signal that could lead to further downside! đ
If $ETH breaks below $2,000, the next key level to watch is $1,500 â a major psychological support! đŹ
đ Whatâs Next for Ethereum? đ€
đč Hold Above $2,000 = Potential for a rebound! đ
đč Drop Below $2,000 = Increased bearish pressure, possibly pushing ETH to $1,500! đ
đĄ Traders should stay cautious and monitor market trends closely before making moves! â ïž
đ Stay tuned for more updates on ETH price action! đ
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