🚨 Ethereum Breakdown Alert — Can the Bulls Hold the Line?

Ethereum recently climbed past $2,450 and even touched $2,520, giving bulls a glimmer of hope. But that momentum didn’t last long. The price has started to reverse, and a key bullish trend line at $2,450 has been broken on the hourly chart — a bearish signal that can’t be ignored.

📉 ETH is now hovering above the critical $2,400 zone and still holding the 100-hour moving average. But if it fails to stay above $2,320, we could see a deeper drop towards $2,250 or even $2,150.

📊 On the technical side:

The RSI has dropped below 50 — showing fading bullish strength.

MACD is losing momentum — a sign that sellers are gaining control.

🔼 On the upside, ETH faces resistance at $2,520 and $2,550. A clear move above these levels could open the door to $2,600, with the next targets at $2,720 and $2,800.

👀 It’s a key moment for Ethereum — bulls must defend $2,320 or risk a bigger correction.

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