Ethereum (ETH) bulls seem to be losing control. After a strong surge, the price action is showing signs of fatigue. Here's what we're seeing:
Resistance Rejection: ETH has struggled to break above ~$3600. This inability to achieve this key level suggests the buying power is waning. This key level is acting like a ceiling, with sellers aggressively defending it.
Keep a close eye on the ~$3600 level. A break above this level could confirm a reversal and send ETH towards higher highs. White Box's indicate potential Take Profit Zones. What do YOU think? Is this the end of the ETH rally?
Disclaimer: This is not financial advice. Please do your own research before making any trading decisions. Further levels will be posted as the price action develops.
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