My personal view on $ETH next move — based on structure, not emotion.
The drop wasn’t random. ETH was rejected cleanly from the supply zone** (near where the MA(99) was) a strong resistance it failed to break multiple times. That rejection triggered this fast, high-volume sell-off. 📉
Current price around 2749 isn’t real support; it's a consolidation point after the crash. The real levels are below:
🔶 Key Resistance — $2,860- $2,900
Heavy seller zone. This area contains the MA(25) and the breakdown point. Unless ETH reclaims 2900 with strong volume, upside remains limited.
🔶 Key Support — $2720 - $2900
2720 is the low of the immediate drop. If it breaks cleanly, price can slide toward $2680 - $2630 macro demand area, the final major structural support.
🔶 Trend Check
Lower highs and lower lows are forming, showing an active downtrend. The MACD is extremely negative, and despite the RSI being oversold, momentum still strongly favors sellers. 🐻

