$ETH AT THE BREAKING POINT?
• Buy Zone: $1,690 – $1,715
• Add Zone: $1,660 – $1,680
• Invalidation: Close below $1,650
• Take Profits: $1,735 | $1,750 | $1,775
Answering "Why":
➡️ Price is currently trapped under heavy resistance between $1,730 and $1,747.
➡️ RSI is hovering at 45.22, signaling weak momentum and insufficient buyer volume to reclaim the EMA cluster.
➡️ Immediate support at $1,671.79 is critical; a failure here will likely trigger a deeper move.
ETH
1,615.92
-2.80%
Caveat: Markets are highly volatile and current technicals are fragile. Ensure strict adherence to your invalidation levels, as macroeconomic triggers can invalidate this setup without warning.