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BEARISH 📉 : Ethereum falls below $2,350, tests $2,265 support as recovery stalls
Ethereum drops below $2,350; $2,265 holds for now.
Price hit $2,264, then paused. Trading stays under the 100‑hour SMA, per NewsBTC analysis. Ethereum tracks weakness after Bitcoin turned lower, noted by NewsBTC.
A bearish trendline caps price near $2,310. Bulls need a reclaim of $2,350 to reopen $2,400, then $2,500–$2,550, says NewsBTC.
If $2,265 breaks, sellers may target $2,220, then $2,200. Main support sits near $2,120, per NewsBTC.
- Immediate resistance $2,310 trendline source
- Key levels $2,335 (50% Fib), $2,350 source
- Upside targets $2,400, $2,500–$2,550 source
- Supports $2,285, $2,265, then $2,220 and $2,200; main $2,120 source
- MACD bearish; RSI below 50 source
