Ether Futures
Short

Ethereum Rejected By Strong Resistance, A Bearish Outlook

43
FenzoFx—Ethereum is consolidating around $2,525 after being rejected by the $2,813.0 resistance, a strong supply zone. Immediate support lies at $2,446.0. If ETH closes below this level, a move toward $2,080 is likely.

The bearish outlook is invalidated if ETH stabilizes above $2,813.0.

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