Ethereum price action confirms bull trap at $2,550: major support level lost

ethereum-price-action-confirms-bull-trap-at-$2,550:-major-support-level-lost
Ethereum price action confirms bull trap at $2,550: major support level lost

Ethereum has lost the $2,550 high time frame resistance on multiple candle closes, confirming a possible bull trap. The price now risks returning to range lows, with support sitting at $2,226. Ethereum (ETH) has reacted bearishly from a critical high…

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