$USDC

✨ ETHUSD

The price remains within the channel, confidently moving from one boundary to another. ETH is currently testing a critical zone — the lower boundary of the channel at 2390, which coincides with the MA-50. A break below the support level could trigger a further decline.

📉 The AO, MACD, and Parabolic SAR indicators confirm the bearish market sentiment.

#TradeIdea

🔽 If the 2390 level is broken, a decline can be expected;

🎯 Target: 2155

💬 Do you think the channel will hold, or are we in for a spill? Let us know in the comments! 👇