Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $3.5K

Ethereum price struggled to recover above $3,350 and corrected gains. ETH is consolidating near $3,200 and facing many hurdles.Ethereum started another decline and tested the $3,120 zone.
The price is trading below $3,220 and the 100-hourly Simple Moving Average.
There is a short-term rising channel forming with support at $3,170 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move down if it trades below the $3,170 support.Ethereum Price Faces Uphill Task
Ether