Ethereum Intraday: Trend at a crossroads
Ethereum (ETH/USD)-1.99-0.08%
Even if a technical recovery cannot be ruled out, a drop towards 2,418 remains likely as long as 2,526 is resistance

Our pivot point is at 2,526.
Our preference: Even if a technical recovery cannot be ruled out, a drop towards 2,418 remains likely as long as 2,526 is resistance
Alternative scenario: above 2,526, look for 2,563 and 2,585.
Comment: The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
2,585 **
2,563 *
2,526 **
2,510 last
2,440
2,418 **
2,397 *
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