Ethereum Price Analysis: ETH Loses Steam at Key Resistance – Is a Pullback Coming?

Your call?🐂 Bullish🐻 Bearish

$ETH

$2,711

+0.5%

Ethereum is holding near $2.7K after a strong recovery from the summer lows, but the latest price action suggests that momentum has cooled. ETH is now compressed inside a narrowing structure at the 2.7K-2.8K resistance area, while the…