Ethereum

Ethereum Still Bearish Below Key Resistance

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Ethereum joined last week’s risk-on bounce, but failed to reclaim key resistance. The bigger trend remains bearish, and the recent ascending channel still points to possible continuation lower.

For ETH to turn constructive again, bulls need a close back above 2600–2800. Until then, risk remains for a deeper washout toward 1300–1400, which could become a strong long-term opportunity zone.

Trading Levels:

Resistance: 2600–2800
Bullish trigger: Close above 2600–2800
Downside target: 1300–1400
Trend: Bearish

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