$ETH is experiencing a strong bearish trend, with key support at $2,413.38. A break below this level could accelerate the decline. However, if ETH can break above the $2,447 resistance, it may see a shift in momentum. Traders should watch these levels closely for potential trend changes.
Immediate Support: $2,413.38 (24h low). If ETH breaks below this level, it may lead to a further downtrend.
Resistance: Around $2,447.62 (close to the 25-day MA), which ETH needs to surpass to reverse the bearish sentiment.