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ETH Technical Outlook: Ethereum Trades Near Key Demand as Bearish Structure Persists
Ethereum remains under sustained selling pressure after failing to reclaim its mid-range Fibonacci resistance. Price continues to trade within a broader corrective structure, with sellers defending key EMA and Fib levels aggressively. ETH is now hovering just above a major demand zone, making this area critical for the next directional move.
Market Structure & Trend
ETH has shifted from a bullish continuation into a clear corrective phase, marked by:
Lower highs since rejection near the upper trendline
Breakdo
ETH+0.29%
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🌐#GateWeb3 Weekly Updates👇
🪂#Web3Tasks added @KIPprotocol @Beliquoronsui @Moongate airdrop tasks!
🚀#Web3Startup added Token:@Loulou_thepug @Beliquoronsui @PSJGLOBALCYCON @SecondLiveReal @lunarlens_es
Enter Web3🦾 go.gate.io/w/WgoHMMxy
$LOULOU $LIQ #CYCON $LIVE LUNARLENS
AIRDROP-0.07%
TOKEN-0.93%
LOULOU+0.00%
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