Technical analysis by The_Alchemist_Trader_ about Symbol ETH: Sell recommendation (12/1/2025)

Ethereum has rejected cleanly from a key technical zone and continues to move within an aggressive downtrend. Price is now sitting directly on the $2,800 support region, a level that has historically attracted short-term reactions. Multiple lower-time-frame candle closes may form around this zone before ETH chooses its next move. The broader high-time-frame range remains intact, meaning Ethereum is still rotating between established highs and lows without breaking structure. Key Points - Strong rejection from a major resistance level - ETH now testing the $2,800 support zone - Downtrend still dominant with HTF range intact What to Expect If $2,800 holds, ETH may see a short-term relief bounce. Failure to hold this level opens the door to deeper corrective targets within the broader HTF range.