$ETH has dropped below the significant support that is now the resistance level.

Currently, price is holding the trendline, indicating short-term resilience - but overall structure looks weak.

Failure to retake the dropped level suggests the path higher is now lower, toward the bottom support area.

If bullish, we need to see ETH above resistance and holding.

DYOR, NFA

#ETH #ETHUSDT

ETH
ETHUSDT
2,020.77
+0.91%