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#Ethereum is pulling back to the demand zone from $1,900–$1,930 after rejecting from the resistance zone at $2,150. The price is currently testing the short-term downtrend line, where buyers may attempt to defend the support level.
If ETH holds this demand zone, there is a possibility of a rebound toward the resistance at $2,150. However, if it drops below $1,900, it could open the way for a deeper decline toward the support at $1,736.
$ETH