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Ethereum is under strong selling pressure š
ETH is currently trading around $2,414 after breaking below the important $2,532 support zone.
The 4H structure is currently bearish, with sellers clearly dominating the recent move. The next major level to watch is around $2,357. If this support fails, further downside could follow.
For the bulls to regain control, ETH needs to reclaim $2,532 and build a strong structure above it. Above that, $2,631 and $2,730 become important resistance levels.
š“ Bias: Bearish
š¢ Support: $2,357
š“ Resistance: $2,532 / $2,631 / $2,730
Wait for confirmation. Donāt chase the move.
#ETH #Ethereum #ETHUSDT #CryptoAnalysis #Binance
