Ethereum is moving in a downward channel and is now nearing its lower boundary. Trading volumes have declined as the correction. The price is in a liquidity zone above a strong support level. Main MAs are bullish (4H TF) BB indicator - oversold (1H TF) TD Sequential is forming an upside reversal signal (30m TF) I expect that ETH will test the lower limit of the channel, and after fixing above it will start the rebound.
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