Ethereum is showing real strength, and buyers are not backing down.
$ETHU is trading around $1,616 after a strong rally from the 24-hour low of $1,561. Bulls pushed the price all the way to $1,623, showing strong buying pressure and keeping the trend positive.
After the sharp move higher, Ethereum is now holding near the top of its range. This kind of price action often means buyers are still in control, but the market is waiting for the next breakout.
Key levels to watch: • Current Price: $1,616 • Resistance: $1,623 • First Support: $1,600 • Strong Support: $1,561
A strong break above $1,623 could bring fresh momentum and attract more buyers. If the price falls below $1,600, a short pullback is possible before the next move.
For now, the trend remains positive. The next few candles will decide whether Ethereum continues higher or takes a healthy pause before the next rally. Stay patient, trade with a plan, and always manage your risk.
Binance1B$inStocks#OilPriceFalls SpotSilverRises3%To$60.10#KoreanWonWeakestSince2009 #USLiftsExportControlsOnAnthropicModels #CircleRemovedFromRussellGrowthIndexes Q2CryptoHackLosses$780.3M
#FINKY
$ETHU is trading around $1,616 after a strong rally from the 24-hour low of $1,561. Bulls pushed the price all the way to $1,623, showing strong buying pressure and keeping the trend positive.
After the sharp move higher, Ethereum is now holding near the top of its range. This kind of price action often means buyers are still in control, but the market is waiting for the next breakout.
Key levels to watch: • Current Price: $1,616 • Resistance: $1,623 • First Support: $1,600 • Strong Support: $1,561
A strong break above $1,623 could bring fresh momentum and attract more buyers. If the price falls below $1,600, a short pullback is possible before the next move.
For now, the trend remains positive. The next few candles will decide whether Ethereum continues higher or takes a healthy pause before the next rally. Stay patient, trade with a plan, and always manage your risk.
Binance1B$inStocks#OilPriceFalls SpotSilverRises3%To$60.10#KoreanWonWeakestSince2009 #USLiftsExportControlsOnAnthropicModels #CircleRemovedFromRussellGrowthIndexes Q2CryptoHackLosses$780.3M
#FINKY