Ethereum has broken below the ascending trendline and key demand zone, signaling a bearish shift in market structure. The failed recovery attempt and strong rejection from resistance suggest sellers remain in control.
📉 Key Levels:
• Broken Demand Zone: 1680 – 1710
• Current Price: 1646
• Bearish Target: 1520
A sustained move below the demand area could accelerate downside momentum toward the projected target zone.
⚠️ Educational analysis only. Trade with proper risk management.
📉 Key Levels:
• Broken Demand Zone: 1680 – 1710
• Current Price: 1646
• Bearish Target: 1520
A sustained move below the demand area could accelerate downside momentum toward the projected target zone.
⚠️ Educational analysis only. Trade with proper risk management.
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