Ethereum Analyst Maps Drop Toward Demand Zone As ETH Tests Supply

Ethereum is back in a level-by-level technical fight after a TradingView analyst mapped out a short-biased setup that puts the market’s attention on whether ETH can hold near equilibrium or slide toward a deeper demand zone.TL;DRTradingView analyst Champ_of_Gold says ETH has reacted from an institutional supply area.The setup highlights $1,718.5 as an immediate reaction level.The analyst’s deeper demand target sits around $1,562.7 down to the $1,500 psychological zone.ETH was trading