Big Profit on $ETH 🚨

Ethereum is currently at $2,840, and the chart shows something very clear:

The uptrend has broken, and the price is moving inside a downward channel.

Because of this, our short position is currently strongly in profit.

👉 $2,750 → First major support.

If this level breaks, the price could drop toward the $2,600 – $2,500 zone.

👉 $3,040 → First major resistance.

Above that, $3,241 stands as the second resistance.

ETH has once again been rejected from the long-standing descending trendline it hasn’t been able to break for a long time.#Ethereum

This shows that the downward move is not over yet.