⚠️ Ethereum Breakdown Alert — Bears Take Control as Bulls Retreat!

Ethereum ($ETH ) just hit a key rejection, signaling a potential shift in momentum as bears claw back control. After briefly reclaiming ground above $2,520, ETH failed to hold — and now, all eyes are on the $2,320 support zone.

🔻 Breakdown in Progress

ETH rallied past $2,450, even cracking above the 76.4% Fib retracement from the $2,569 to $2,115 move.

Price topped at $2,520 but quickly reversed.

Trend line support at $2,450 has been broken — a red flag.

ETH is now trading above $2,400, but signs point to a potential deeper retrace.

📉 Key Technical Levels

🧱 Support Zones

$2,400 — Immediate minor support

$2,320 — Critical line to hold

$2,250 & $2,200 — Danger zones if breakdown accelerates

$2,150 — Last line before a full trend reversal

📈 Resistance Barriers

$2,500 — First big test

$2,520 — Key rejection point

$2,550 — Bullish breakout threshold

$2,600+ — If bulls reclaim control, expect sharp moves toward $2,720–$2,800

⚙️ Technical Indicators

MACD: Losing bullish momentum, hinting at weakening buying pressure

RSI: Dropped below 50, flipping into bearish territory

Price Action: Break below uptrend line = near-term trend under pressure

🔮 What's Next for ETH?

✅ Bullish Recovery Scenario

ETH must reclaim $2,500–$2,520 to reset the trend. A strong move above $2,550 could re-ignite bullish sentiment and send ETH toward $2,800 in short order.

❌ Bearish Continuation Risk

If $2,320 fails, ETH could quickly spiral down to $2,250 or $2,200 — with $2,150 acting as the final major support.

🧠 TL;DR: The ball is now in the bulls’ court. Fail to defend $2,320, and Ethereum could bleed further. But a strong bounce above $2,520 could revive the uptrend.

🎯 Your Turn:

📊 Are you buying the dip or shorting the breakdown?

🔥 Drop your ETH prediction below. Is $2,800 coming… or is $2,150 next?

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