📊$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.#MyGateTradeStory
ETH1.65%
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