$ETH : Make-or-break moment at 2,287. 📉
Ethereum is at its most critical junction since mid-April. After failing to clear the 2,470 highs, price has broken below 2,292 support and is currently sitting directly on the long-term ascending trendline.
The Levels:
Must Hold: The current trendline. A bounce here could target 2,360–2,390, but $ETH must break the descending resistance to confirm a reversal.
Bear Case: A daily close below this trendline opens the trapdoor to 2,250–2,200, potentially invalidating the entire spring structure.
The Struggle: Descending resistance has rejected every recovery attempt so far, keeping the pressure firmly on the bulls.
Buyers are backed into a corner-it's a trendline save or a significant drop.
CTA: Are you betting on the trendline holding or waiting for the sub-2,200 dip? 👇
