$ETH

Ether fell below the support level of $1,993 on March 9 and continued to weaken, hitting $1,754 on March 11.

The bulls are trying to recover, but are expected to face strong resistance at the level of $2,111. If the price turns down sharply from $2,111, it will signal that the bears have turned this level into resistance, increasing the risk of breaking below $1,754. After that, the ETH/USDT pair could drop to $1,500.

Conversely, if the price breaks above the 20-day EMA ($2,235), it indicates that the market has rejected the downward momentum below $2,111. This pair could rise to $2,800, where the bears are expected to appear.