⚠️$ETH Ethereum Wobbles — Key Support Tested as Bearish Momentum Builds
Ethereum is under pressure once again — struggling to stay above $2,500 as bearish forces tighten grip.
📉 Quick Recap:
ETH broke below $2,575 and the 100-hour SMA.
A critical trendline support sits at $2,525 on the hourly chart.
MACD: Bearish momentum building 📉
RSI: Dipping below 50 🟠
🔍 Resistance Zones:
$2,620 — Immediate test
$2,640 — Mid-level wall
$2,660 — Major breakout barrier
$2,720+ — Potential bull revival
Breakout Target: $2,800–$2,880
🛑 If ETH Fails to Hold:
⚠️ $2,525 — Key trendline test
🚨 Break below = retest of $2,500, then $2,440
Deeper support: $2,350
🧠 What Traders Are Watching:
Will bulls defend $2,500 again?
A move above $2,660 could ignite fresh upside.
Failure to hold the trendline = increased sell pressure.
🔮 Verdict:
Ethereum is at a make-or-break level.
Hold $2,500 = bullish recovery possible
Break $2,500 = look out below 👀
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