Ethereum, represented by the ETHUSD pair, is a digital currency that enables secure, fast, and low-cost transactions. On the M5 timeframe, the recent price action of ETHUSD suggests a bearish trend. The close of the last candle at 2389.71 is below the close of the previous candle, indicating a downward momentum. The volume of 136 is relatively low, but the price gap between the high and low of the last two candles is significant, suggesting a strong selling pressure. The price has been trading below the resistance level of 2397.54, which is also the stop-loss level, and the target price…

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