$ETH /USDT – Bulls Defend $1,550 Zone, Eyeing $1,600 Again

Ethereum is holding steady around $1,572 after bouncing from $1,474. Recent rejection from $1,639 showed profit-taking, but the higher low at $1,550 suggests renewed buyer interest.

Snapshot:

Current Price: $1,572.23

24h High: $1,639.00

24h Low: $1,474.61

24h Volume: 1.33M ETH

Technical Outlook:

Price is consolidating above $1,550 support

Next major resistance at $1,600 and $1,635

Break above $1,640 can open room for $1,700

Trade Plan:

Entry Zone: $1,555–$1,575

Target 1: $1,600

Target 2: $1,635

Final Target: $1,700

Stop Loss: $1,535

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