Ethereum was rejected at the $2,539.0 resistance, a high-volume supply zone. If this level holds, ETH could drop toward $2,397.0, and a break below it may trigger further downside toward $2,192.0.
The bearish outlook is invalidated if ETH/USD closes above $2,539.0.
The bearish outlook is invalidated if ETH/USD closes above $2,539.0.
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