ETH/USD — Bearish Flag Structure as Price Tests Range SupportEthereum / US DollarCOINBASE:ETHUSDJohn_IsigeETH/USD remains confined within a medium-term descending channel, with price action consolidating inside the 2,187.50–1,875.00 range (Murray –). The structure resembles a potential bearish flag, suggesting continuation risk if support fails. Price is now testing the lower boundary of the range, placing the market at a technical inflection point. ⸻ Technical Structure •Trend: Bearish channel intact •Pattern: Potential bearish flag •Bollinger Bands: Sloping downward •MACD: Stable in negative territory •Stochastic: Near oversold Weekly chart confirms downside bias, with Bollinger Bands trending lower. ⸻ Key Levels 🔹 Support •1,875.00 •1,481.50 (100% Fibonacci) •1,250.00 (Murray ) 🔹 Resistance •2,500.00 •3,125.00 •3,750.00 ⸻ Trading Plan 🔻 Primary Scenario — Bearish Continuation •Sell from: 1,800.00 •Targets: 1,481.50 → 1,250.00 •Stop-loss: 2,050.00 •Time horizon: 5–7 days A confirmed breakdown below 1,875.00 would validate the flag and reinforce trend continuation. 🔺 Alternative Scenario — Trend Reversal •Buy above: 2,500.00 •Targets: 3,125.00 → 3,750.00 •Stop-loss: 2,200.00 A sustained move above 2,500.00 would invalidate the bearish structure and signal exit from the descending channel. ⸻ Outlook Momentum remains tilted to the downside while price trades below 2,500. The 1,875 area is the immediate trigger level — failure here increases probability of extended decline. Bias: Bearish below 2,500 Invalidation: Daily close above 2,500