🔹 Current Price: $1,596
$ETH is trading with slight bullish momentum after recovering from a sharp drop below $1,570 earlier in the session. Price is now pushing toward $1,600 resistance again.
🟢 Bullish Scenario
If ETH breaks above $1,600 convincingly:
• We may see a push to $1,610–$1,620
• A breakout above $1,620 could trigger further upside toward $1,640
⚡ Recent strong bullish candles around 19:00 show growing buyer interest.
🔴 Bearish Scenario
If ETH fails to break $1,600 and stalls:
• Expect a potential pullback to $1,585, then $1,570
• Losing $1,570 could expose ETH to $1,560 and possibly $1,540
🕳️ ETH has struggled to hold gains above $1,600 in recent hours — watch for signs of rejection.
📌 Key Levels to Watch
Resistance: $1,600 • $1,610 • $1,620 • $1,640
Support: $1,585 • $1,570 • $1,560 • $1,540
