The daily chart of ETHUSD presents a bearish trend, with price forming a series of lower highs and lower lows since the beginning of March. The recent rally was met with resistance at the 2463.37 level, which also coincides with the upper boundary of the descending triangle. The subsequent decline has been characterized by increasing volume, indicating a strong bearish momentum. The Relative Strength Index (RSI) has also broken below the 50 level, confirming the bearish trend. Given the strong selling pressure and the lack of support at the 2463.37 level, the current sell signal is justified. The sell entry…

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