$ETH LONG TRADE SETUP – Targeting $1,603.80 & $1,616.61

Ethereum is holding just above the $1,593.92 support, forming a consolidation base. A breakout from this range could push price back toward previous highs.

📊 Trade Setup:

Entry Zone: Around $1,589.00

TP1: $1,603.80

TP2: $1,616.61

Stop-Loss: Below $1,567.33

🧠 Key Observations:

Support Base: $1,567.33 – proven bounce zone.

Resistance Cluster: $1,603.80 & $1,616.61 – targets if breakout confirms.

Structure: Bullish bias remains valid above $1,589.

📌 Watch for momentum build-up near the $1,593 zone. A solid close above this could trigger the rally.

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