Ethereum Price Compresses in Bearish Pennant, Will $1,136 Become ETH’s Target?

The post Ethereum Price Compresses in Bearish Pennant, Will $1,136 Become ETH’s Target? appeared first on Coinpedia Fintech News The Ethereum price is hovering near $2,050 while compressing inside a bearish pennant on the 3-day chart. After retreating from levels above $3,000 in previous months, ETH/USD is now consolidating within converging trendlines and the pattern suggests potential continuation to the downside, with a projected breakdown target near $1,136. That’s the technical setup. But the …