Ethereum (ETH): Possible Buying Wall Forming | Support Forming?

Ethereum is still struggling to find that proper support zone from which we would bounce.

After a recent breakdown from the $2,000 zone, we reached our target zone of $1,500, where now we are seeing few signs of possible buying pressure to come.

RSI is overbought, and weekends formed a bigger CME gap, which might send prices back to $2,000, but if we see any further weakness below $1,500, then we are going to see a nasty dip in the coin.

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