The main resistance is near the first trend line, the 100 hourly SMA, and $208. If there is an upside break above $208 and $210, Ethereum price will most likely move back into a positive zone. The next key resistance is near the $220 level, above which it could retest $225.
Conversely, if the price fails to surpass the $208 and $210 resistance levels, it might continue to decline. An immediate support is near the $198 low. If there is a downside break below $198, the price is likely to test the $195 and $192 support levels.
Looking at the chart, Ethereum price is clearly declining and is trading below a few key resistances such as $208 and $210. As long as the price is trading below the $210 support, there are chances of a downside extension towards the $192 level.