$ETH Ether faces sales at the 20-day EMA ($1,722), as seen in the long wick on the candle from April 14.

If the price falls below $1,546, the ETH/USDT pair could retest the support at $1,368. This is a crucial level for the bulls to defend, as a break below $1,368 could initiate the next stage of the bearish trend towards $1,150. #ETH🔥🔥🔥🔥🔥🔥

Conversely, if buyers push the price above the 20-day EMA, it indicates that the bears are losing their control. There is resistance at the 50-day SMA ($1,955), but it is likely to be surpassed. The pair could then rise to solid resistance at $2,111.