From TradingView · · 30s
ETH Stays Bearish: Pullback Into Supply
Ethereum price holds below $2,680 as bearish target of $1,979 looms.
In brief
Ethereum price holds below $2,680 as bearish target of $1,979 looms. Ethereum remains bearish with a target of $1,979 if it fails to hold above $2,680. Originally reported by TradingView.
Ethereum price
Ethereum trades around $2,358 with a bearish short-term structure.
Bearish scenario
Price pulls back into higher supply zones at $2,483 and $2,680 before targeting $1,979.
Target zone
Price must hold above $2,680 to avoid bearish target of $1,979.
The main idea
Ethereum remains bearish with a target of $1,979 if it fails to hold above $2,680.
