ETH in Danger: Breaking Below $3,200 Could Signal Bigger Drop

ETH is facing rejection from the strong supply zone around $4,800. The weekly candle failed to hold above that level and is now pulling back towards the key demand zone between $3,200–$3,300.

If the price fails to reclaim this support, we could see a more bearish scenario unfolding.

DYOR, NFA
Thanks for the reading