$ETH Under Pressure
$ETH is trading around $1,613 after a sharp sell-off, with bears still controlling the short-term trend. The 15m chart shows strong downside momentum and weak recovery attempts.
Current Price: $1,613
24H High: $1,791
24H Low: $1,590
Key Support: $1,590
Major Resistance: $1,675
A break below support could push $ETH toward lower liquidity zones, while reclaiming resistance may trigger a short-term relief bounce.
Traders should stay cautious as volatility remains high and price action is still favoring sellers.
Will eth defend $1,590 or continue its downward move?