Ethereum's Price Dynamics : Key Support and Resistance Levels

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Ethereum (ETH) is currently facing a critical phase as it continues its decline. The **support level at $2,289** has shown weakness, and if this area fails, ETH could drop to the ranges of **$2,198** and **$2,126**.

Conversely, if ETH manages to break through the **resistance at $2,465**, we could see a bullish momentum leading to potential price targets of **$2,585** and **$2,696**.

Conclusion :

Traders should watch the $2,289 support and $2,465 resistance closely. A failure to hold support may lead to further declines, while a breakout above resistance could open the door to upward price movement.