ETH Stalling: Is a Reversal Brewing? 
2024-12-04

Price Action Hints at Potential Downside

Ethereum (ETH) bulls seem to be losing control. After a strong surge, the price action is showing signs of fatigue. Here's what we're seeing:

 Resistance Rejection:  ETH has struggled to break above ~$3600. This inability to achieve this key level suggests the buying power is waning. This key level is acting like a ceiling, with sellers aggressively defending it.

Keep a close eye on the ~$3600 level. A break above this level could confirm a reversal and send ETH towards higher highs. White Box's indicate potential Take Profit Zones.
What do YOU think? Is this the end of the ETH rally? 


 Disclaimer:  This is not financial advice. Please do your own research before making any trading decisions. Further levels will be posted as the price action develops.