$ETH is experiencing heavy selling pressure, trading near its 24-hour low.
A break below $3,200 could accelerate the bearish momentum, targeting $3,150. Conversely, reclaiming $3,326 would suggest potential relief and a recovery attempt.
Resistance Levels:
Immediate Resistance: $3,326.43
Major Resistance: $3,465.60 ETH needs to breach these levels to signal a potential reversal in the current downtrend.
Support Levels:
Immediate Support: $3,201.06 (current 24-hour low)
Key Support Zone: $3,150.00 If ETH fails to hold $3,200, the price could head toward the next key support zone around $3,150.
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