🚨 $ETH /USDT – Support Bounce in Action! Bulls Testing Resistance 📈
ETH is trading at $1,593.01, up +0.57%, after bouncing off the 24H low of $1,573.54. Price is approaching the $1,597 resistance zone after recovering from a sharp dip. Momentum is building, but a breakout confirmation is needed above $1,599.
Long Trade Setup:
Entry Zone: $1,588 – $1,594
Target 1: $1,605
Target 2: $1,615
Final Target: $1,630
Stop Loss: $1,575
Short Trade Setup (If Rejected at Resistance):
Entry Zone: $1,595 – $1,600
Target 1: $1,580
Target 2: $1,565
Final Target: $1,550
Stop Loss: $1,607
Volume is stable (339.56M USDT) – watch for a decisive move through $1,597 to confirm direction.
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