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Ethereum holds $2.4K amid mixed signals; selling pressure rises but bullish support remains intact.

Technical Signals
03 Sep 2026
TheNewsCrypto
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Neutral
Ethereum holds $2.4K amid mixed signals; selling pressure rises but bullish support remains intact.

Ethereum (ETH) is trading around $2,404 after buyers defended a key long-term trendline, sparking a recovery that turned resistance into support. Despite this, technical indicators like MACD and RSI suggest growing bearish momentum and accelerating selling pressure, indicating potential short-term weakness. Key support levels around $2,300-$2,200 could hold before a possible rebound toward $2,784-$2,966 or even $3,000. The market is at a critical point, balancing between recovery and further downside risk.

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