📉 MARKET UPDATE: $ETH
Ethereum is currently trading inside a descending triangle on the 6H chart.
🔻 Resistance: Price continues to face pressure from the descending trendline.
🔹 Support: Holding steady in the $2,360–$2,410 range.
❌ Recent rejection from the trendline suggests bearish momentum is still in play.
🚨 Key Levels to Watch:
Bullish Breakout ➤ Above the trendline could open the path to $2,700+
Bearish Breakdown ➤ Below support could send ETH toward $2,200
⚠️ Watch for confirmation of either move before entering — the breakout or breakdown could define ETH's next major trend.
Not financial advice. DYOR.
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