What is the current support and resistance level for ETH?

**Current Support and Resistance Levels for Ethereum (ETH):** 1. **Support Level:** The support level for ETH is currently at $3,520. This level is significant as it is acting as a potential floor for the price in the near term. 2. **Resistance Level:** The resistance level for ETH is at $3,670. If the price manages to break above this level, it could signal a potential continuation of the upward trend. 3. **Bearish Trend:** The price is trading below key support levels, indicating a bearish trend. If the price were to fall below the $3,450 support level, it could signal a more substantial downward movement. 4. **MACD and RSI Indicators:** The MACD for ETH/USD is losing momentum in the bearish zone, and the RSI is below the 50 zone, indicating a lack of upward price momentum. In conclusion, ETH is currently trading in a narrow range between support and resistance levels, with a slight bias towards the bearish side due to the prevailing technical indicators. A decisive break above the $3,670 resistance could signal a potential reversal, while a drop below the $3,520 support could indicate further downward movement.