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BEARISH 📉 : Ethereum falls below $2,350, holds $2,250 support, faces $2,360 resistance
Ethereum slips below $2,350. Price holds above $2,250 but rebound faces $2,300–$2,360.
Ethereum fell to $2,253 and sits under the 100-hour SMA. Consolidation continues above $2,250 while bears keep control near $2,300. NewsBTC: ETH 100h SMA context.
The drop started from $2,465. Move mirrors Bitcoin’s pullback. NewsBTC: BTC gives back gains.
- Trendline resistance: $2,300 on the hourly chart
- Key resistances: $2,335; $2,360 (50% Fib of $2,465→$2,253)
- Upside targets on breakout: $2,415; $2,465; $2,500
- Supports: $2,250; $2,220; $2,200; $2,150; main $2,120
- Indicators: Hourly MACD bearish; RSI below 50
