More Pain For Ethereum? Head And Shoulder Pattern Signals $2,400 Breakdown

After being rejected from the $3,000 level, Ethereum (ETH) is trying to hold a key support zone and build a base around this area. Some analysts have suggested that the altcoin must reclaim the crucial resistance soon or risk potential drop to new multi-month lows.Ethereum Forms Head And Shoulder Pattern
Amid the broader market volatility, Ethereum has been attempting to hold the recently reclaimed $2,900 level as support to potentially challenge higher resistance levels in the coming days.
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