ETH Retesting Breakdown – More Pain Ahead?
ETH/USDT has been trading within a broad range of approximately $2,000, consolidating after a long uptrend.
However, the price has broken down below the ascending trendline and is now retesting this breakdown, just above a key support zone.
This retest is crucial in determining whether ETH will confirm further downside or reclaim the trendline.
However, the price has broken down below the ascending trendline and is now retesting this breakdown, just above a key support zone.
This retest is crucial in determining whether ETH will confirm further downside or reclaim the trendline.
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