$ETH has plunged over -1.5% but is now showing potential bottoming signals around $1564 support. The chart suggests a rebound toward $1600+ if this level holds. Trade Setup:
Entry Zone: $1562–$1565
Target 1: $1600 Target 2: $1615 Final Target: $1627
Stop Loss: $153 Market Insight: Price wicked below $1550 before recovering swiftly—suggesting panic sell-off might be exhausted. A strong bounce could follow. Pro Tip: Watch for bullish engulfing candles on the lower timeframe before entry. #ETHUSD #CryptoTrade #TechnicalAnaly $ETH