ETH/USD is showing a bearish structure on the 1-hour chart after a strong rejection from the $1,910–$1,920 resistance zone. Price has fallen below the rising trendline and is now consolidating around $1,878, with the Ichimoku cloud also suggesting weakening momentum.
The key support zone is around $1,862–$1,864, highlighted by the green demand area. A sustained break below the current consolidation could push ETH toward this support.
🎯 Target: $1,862
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