📊 $ETH — descending channel break confirmed
Ethereum has been in a clean descending channel since late March. Price just broke below it, accelerating the drop into mid-June.
Next level to watch: $1,580
Lower highs throughout the channel = sellers in control the whole way down. Now that the structure itself has broken, the path of least resistance points lower until buyers show up at $1,580 — or we get a clean reclaim back above the channel, which would invalidate this.
Not financial advice. DYOR.
ETHUSDT
دائم
1,714.32
-1.51%