$ETH Analysis 📊
Recovered from $1,525 low to retest $1,686 resistance — clean higher lows forming since June 7. Currently testing this zone for the second time.
But sellers are dominating massively at 92.93% right now — that's an extreme imbalance and signals heavy resistance at current levels.
Key level: Rejection here likely sends price back toward $1,650-$1,625. A break and hold above $1,700 would shift the structure bullish again.
Be cautious chasing this level. ⚠️
ETHUSDT
Perp
1,676.02
+0.37%