$ETH /USDT – Watch Closely: Both Long & Short Setups Ready!

ETH currently trades at $1,583.12 after bouncing off the $1,538.07 low. Price faces strong resistance around $1,597–$1,613 and hasn't reclaimed the bullish structure after rejection from $1,691.50. Traders should prepare for both breakouts and breakdowns based on key level reactions.

Long Trade Setup:

Entry Zone: $1,595 – $1,605

Target 1: $1,635

Target 2: $1,665

Final Target: $1,690

Stop Loss: $1,562

Short Trade Setup:

Entry Zone: $1,578 – $1,585

Target 1: $1,555

Target 2: $1,540

Final Target: $1,510

Stop Loss: $1,608

A breakout above $1,613 confirms long strength, while failure to hold $1,564 signals further downside. Monitor volume spikes and candle structure near key zones.

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