$ETH Price Prediction 6/07/2024

Bulls fail to maintain support at 3810 after recovery is rejected at 3840.

Lows stopped just short of 200EMA with price making it back into the prior ascending pattern.

Note the crossover point (6/12) which marks our last point to hold 3685.

Any PA below this priceline after this time has a high chance of leading to further correction.

tradingview.com/chart/gDBkksfy/