<ul><li>Ethereum faced a sharp pullback, declining 5.12% after being rejected near the $2,724 resistance level.</li><li>The price found support at the 200-day moving average, stabilizing around $2,447 over the weekend.</li><li>RSI remains at 64, below the overbought threshold of 70, indicating potential for bullish momentum if buyers take charge.</li><li>MACD flashed a bearish crossover, hinting at short-term weakness; traders are closely monitoring technical levels for trend confirmation.</li></ul>

Ethereum Technical Analysis Report – 27th May 2025

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