ETH Price Analysis 📉 Will Ethereum Recover or Drop Further?
Ethereum (ETH) is trading around $2,312.63, showing a decline of approximately 0.45% on the displayed chart. Recent candles indicate strong selling pressure after rejection near the $2,350–$2,380 zone.
📊 Key Support & Resistance Levels
🔹 Support: $2,300
🔹 Resistance: $2,330
🔹 Major Resistance: $2,350–$2,380
📉 Bearish Scenario: If ETH breaks below $2,300, further downside could follow.
📈 Bullish Scenario: If buyers regain control and push ETH above $2,330, a recovery toward $2,350 may be possible.
👀 My View: ETH is testing an important support area. Watch the next 1H candle for confirmation before making any decision.
🚀 What do you think? Will ETH bounce back or continue falling?
Share your opinion in the comments!
#ETH #Ethereum #ETHUSDT #CryptoAnalysis" $ETH
