$ETH / USDT – Bulls at the Edge!
Price: $1,630.83 (+2.28%)
24H Range:
• High: $1,691.50
• Low: $1,562.01
Support Zones:
• $1,620
• $1,600
Resistance Levels:
• $1,650
• $1,690
Trade Setup – Bounce Play:
• Entry Zone: $1,625–$1,635
• Target 1: $1,650
• Target 2: $1,690
• Stop Loss: $1,605
Market Outlook:
ETH is testing key demand after rejection from $1,690. Bulls are stepping in at support, and a push above $1,650 with strong volume could reignite bullish momentum.
Watch This:
• Bullish engulfing candle or strong volume near $1,630 = good confirmation
• Breakdown below $1,620? Caution – $1,600 might be next.
Pro Tip:
Due to high volatility, keep stops tight and consider trailing them if price starts moving in your favor.
Decision time for ETH. Rebound incoming or bull trap? Stay alert.