🚨 ETH Showing Weakness, But Key Support Still Holding! 🚨

$ETH is currently trading around $1,626, facing strong selling pressure after failing to hold above the $1,650–1,670 resistance zone. The price remains below major moving averages, indicating that bears are still controlling the short-term trend.

📉 Key Support: $1,614 📈 Key Resistance: $1,650 – $1,670

A successful defense of the current support area could trigger a relief bounce, while a breakdown may open the door for further downside. Traders should watch volume closely for confirmation of the next move.

Stay patient, manage risk, and always follow your trading plan. 🔥

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ETHUSDT

Perp

1,632.72

+0.56%