Ethereum (ETHUSD) is trading in a tight range , forming a bearish pennant pattern that signals potential downside. The key support to watch is $1,840 —a break below this level could trigger a strong bearish move , pushing ETH lower. What’s Next? Bearish Scenario: If ETH drops below $1,840 , selling pressure could intensify. Bullish Scenario: Holding this level might lead to a short-term bounce, but a breakout is needed for real recovery. Ethereum’s next move will depend on whether bulls can defend support or if bears take control. Stay tuned!