Ethereum Price Chart Analysiscurrently trading at $1785, up 115% from the bear market bottomChart shows forming a bear pennant pattern, which is typically bearishBelow $2300 resistance could see a downward break targeting support at $1500As long as $1500 holds, the upside potential remainsLosing $1500 support would open the door to a steeper fall under $1000If ETH breaks pennant resistance at $2300, could signal start of new bull market with $3600 targetKey Levels:Support - $1500Resistance - $2300Ethereum sits at a critical juncture technically. Need to watch $2300 and $1500 very closely to gauge next direction.Bullish over $2300, bearish below $1500.Managing risk at these levels is crucial.

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