Ethereum Price Falters at Key Support Zone
Ethereum's recent recovery attempt has lost momentum, and its price is now facing a critical test near $1,850. According to Trader Symba, Ethereum broke above the previous range top near $1,849 but failed to hold the breakout.
This weakness leaves ETH price vulnerable to a deeper retracement if buyers fail to reclaim the $1,850-$1,880 area. The next major downside level sits near the range low around $1,510, while intermediate support can be found around $1,800 and $1,750.
The market is currently caught between two important zones, with liquidity building below $1,850 and above $1,975. A move below $1,850 could trigger additional selling pressure as leveraged positions are forced out.