$ETH BREAKS SUPPORT! ... IS $1,800 THE NEXT STOP?
Ethereum is facing heavy selling pressure, currently trading near $2,022 after breaking below the important $2,200 support zone.
I'm watching the $1,900 level closely. If sellers continue dominating and this support fails, I think ETH could drop towards $1,800.
The overall chart structure remains bearish, with lower highs and continued downside pressure.
For bulls, reclaiming $2,200 is the first major step towards recovery.
For now, sellers have the upper hand.
What do you think comes next for ETH: $1,800 or a recovery above $2,200?
Ethereum is facing heavy selling pressure, currently trading near $2,022 after breaking below the important $2,200 support zone.
I'm watching the $1,900 level closely. If sellers continue dominating and this support fails, I think ETH could drop towards $1,800.
The overall chart structure remains bearish, with lower highs and continued downside pressure.
For bulls, reclaiming $2,200 is the first major step towards recovery.
For now, sellers have the upper hand.
What do you think comes next for ETH: $1,800 or a recovery above $2,200?
