ETHUSD on H1 is exhibiting a clear downtrend, marked by consecutive lower highs and lows, with the price consolidating near critical support levels. The recent candles show a decline from the high of 1742.32, testing key resistance at 1732.6, which has now acted as a support level. Volume spikes around this area suggest strong sell pressure, confirming the bearish momentum. The pair has been consolidating in a descending channel, with the latest close at 1735.08 indicating a potential reversal from the recent high. The structure implies a high probability of continuation toward the lower end of the channel, driven by…

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