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Ethereum SuperTrend Reversal: Why The ETH Price Could Crash To $1,200

An analyst, Leshka.eth, warns that Ethereum's price could crash to $1,200 based on a bearish SuperTrend reversal signal on the daily chart. This trend-following indicator has turned red, a pattern that has previously led to significant declines. This is the third such setup in the current cycle. The first instance in late 2025 resulted in a 45% crash from over $4,750 to below $2,750. The second occurrence in early 2026 saw ETH drop below $1,850. The critical support level to watch is $1,990; a break below this could trigger a drop of 45-48%, projecting a target around $1,200. Recent attempts to push past $2,300 resistance have been rejected, reinforcing the bearish outlook.

bitcoinist03/28 04:01