$ETH /USDT – Another Rejection at $1700, Bearish Momentum Grows
#Ethereum continues to show weakness near the $1700 resistance level. After several unsuccessful attempts to break through, the price fell sharply to $1569, followed by a minor recovery to $1573.60.
This consistent failure at $1700 highlights significant selling pressure. As long as ETH remains below this resistance, the short-term outlook stays bearish.
If the $1565–$1570 support range breaks, the next potential support lies around $1510–$1480. For now, traders should be cautious with long positions unless ETH decisively reclaims $1700 with strong buying volume.
Trend Outlook: Bearish while under $1700
Key Levels to Watch:
• Resistance: $1675 / $1700
• Support: $1565 / $1510
Avoid FOMO-driven buys—let the market establish direction.
Start trading $ETH here.
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