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Ethereum Struggles to Break $2,660 Resistance as Traders Watch Main Levels

The article discusses the current price fluctuation of Ethereum (ETH) and the resistance it is facing at $2,660. The presence of a decreasing Order Block suggests a higher likelihood of rejection if ETH fails to climb above this level. Shareholders are closely monitoring the situation, as a 4-hour candle close above $2,660 could change the direction of the market. However, concerns are being raised about further selling declines if ETH fails to break through the resistance. In such a case, a retracement towards support levels at $2,450 and $2,300 is likely. Traders are advised to pay attention to the 4-hour candle close near $2,660 for possible signs of a trend reversal.

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