🔻 Ethereum Price Analysis: Bearish Signs Emerge
ETH is currently trading at $2,616, showing signs of weakness. The price is approaching a break below the EMA50, which could trigger further downside momentum. While the RSI remains neutral, the MACD is flashing a bearish signal, suggesting growing selling pressure.
In the coming days, ETH is likely to face increased sell pressure and may retest the $2,100 support zone if the current trend continues.
Traders should stay cautious and watch for confirmation of a breakdown.
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