Ethereum is showing clear signs of weakness after repeated rejections from the upper boundary of the rising channel. The price is now hovering near the lower trendline support, where bullish momentum appears to be fading. The recent structure suggests buyers are losing control, with weaker pushes upward and increasing selling pressure.
A breakdown below this channel would likely confirm a shift from an uptrend to a corrective phase, potentially driving price toward the $2000 psychological support zone or lower.
Key Points:
- Rising channel support being tested
- Multiple rejections from channel resistance
- Weak bullish momentum, sellers gaining strength
- Breakdown could trigger downside toward $2000
Cheers
Hexa
A breakdown below this channel would likely confirm a shift from an uptrend to a corrective phase, potentially driving price toward the $2000 psychological support zone or lower.
Key Points:
- Rising channel support being tested
- Multiple rejections from channel resistance
- Weak bullish momentum, sellers gaining strength
- Breakdown could trigger downside toward $2000
Cheers
Hexa
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。