- Ethereum price is trading in the green by 2.50% in the session on Tuesday.
- ETH/USD has managed to catch some respite after the bloodshed in the prior session.
- The price despite stabilizing somewhat remains vulnerable to downside pressure.
ETH/USD 4-hour chart
Price action is just consolidating below a breached pennant structure, leaving the price vulnerable.
ETH/USD 60-minute chart
A 60-minute bearish flag is viewable, which increases the risk for ETH/USD of another drop.
Spot rate: 111.71
Relative change: +2.50%
High: 121.33
Low: 109.80
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