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Breakout or Breakdown? ETH Sits 5% Under Resistance and 15% Over Support

Crypto Daily·November 2, 2026·1 min read
Breakout or Breakdown? ETH Sits 5% Under Resistance and 15% Over Support

Ethereum volume hit an 11-week low as the Binance hack fallout froze capital. ETH trades under its 200-day average, with resistance near $2,400 and support near $1,940. The price sits 5% under resistance and 15% over support, suggesting a potential breakout or breakdown depending on market momentum.

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