Ethereum (ETH) Rejection and Triangle Formation: What's Next?**
#Binance #Etherium #ETH #MarketForecast
Ethereum (ETH) faced another rejection from its small resistance zone, pressuring the price into a corner within a bullish trend.
Analysts are watching for a break below the lower Bollinger Bands line, which could signal a short setup and break the trend line. Without this break, another resistance test could lead ETH to move towards the 200 EMA.
Traders should monitor this closely as it may define the next price move for Ethereum.
