ETH rejects at key resistance
$ETH is down about 6% from its recent high after getting rejected near resistance and the daily MA 50.
The next downside levels to watch are around $1,670, followed by stronger support near $1,500.
For bulls, the important reclaim zone is the MA 50 and $1,850.
A clean move back above that area would improve momentum and reopen the path toward $2,400.
Until then, the structure remains vulnerable to more downside or sideways consolidation.