The Ethereum daily line dropped from a high of around 4355 to a low of around 4065 yesterday, closing near 4075. The support level is near MA30; if it breaks, it could drop to around 3780. A pullback could allow for buying near this level. The resistance level is near MA14; if it breaks, it could reach around 4480. A rebound to this area could allow for selling. The MACD shows an increase in bearish momentum, forming a death cross. The four-hour support level is near MA120; if it breaks, it could drop to around MA200. A pullback could allow for buying near this level. The resistance level is near MA90; if it breaks, it could reach MA30. A rebound to this area could allow for selling. The MACD shows a decrease in bearish momentum $ETH
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