Technical analysis by miljedtothemoon about Symbol ETH on 11/16/2025

Price has broken below the rising trendline from the ~3,000 area and is now likely to retest it from underneath, showing potential continuation toward the next support near 3,020. A rebound remains possible if price reclaims 3,140, with major resistance sitting at 3,240. Overall, the market is trading between 3,020 support and 3,240 resistance, with momentum currently favoring the downside unless the trendline is regained.