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$ETH Just Lost a Key Trendline - Is $1,500 the Next Stop?
Ethereum has lost a key rising trendline. As long as price stays below it, weakness can continue.
Broken Level: $2,170
Downside Target: $1,500
Invalidation: $2,327
Price is already trading under $2,170, so the structure has shifted bearish. Watch for a possible retest of $2,170 from below, if it acts as resistance, sellers stay in control.
Keep this chart on your radar.