$ETH /USDT
ETH is trading around $1,666.08 after rejecting the $1,675.90 resistance area. The pullback looks more like short-term profit-taking than a complete trend reversal. Buyers stepped in near $1,662 and quickly pushed price back above local support, showing that demand is still present.
The recent rally created a higher-low structure, and ETH is now attempting to stabilize before its next move. As long as price remains above the $1,660 support zone, bulls still have control of the short-term trend. A breakout above the recent rejection area could trigger another momentum wave toward higher resistance levels.
Volume remains solid, and ETH continues to hold its position as one of the strongest large-cap assets in the market. The current consolidation could be building energy for the next move higher.
Trade Setup
• Entry Zone: $1,662 - $1,668
• 🎯 Target 1: $1,680
• 🚀 Target 2: $1,695
• 🔥 Target 3: $1,720
• Stop Loss: $1,652
Let's go and Trade now.
