Here's a technical snapshot and market read for
$ETH /USDT:
---
Current Price Overview
Last Price: $1,595.64
24h Change: +2.30%
24h High / Low: $1,606.41 / $1,541.48
Volume:
ETH: ~439K ETH
USDT: ~$689.92M
---
Technical Analysis
Trend: Short-term bullish momentum after holding above $1,540
Key Resistance:
$1,606 – $1,610: Immediate resistance zone
$1,630 – $1,650: Next key zone if breakout occurs
Support Levels:
$1,575 – $1,580: First short-term support
$1,550 – $1,540: Strong support zone (buy interest observed here)
---
Volume & Momentum
Volume is healthy, suggesting traders are active near this range
MACD/Bullish Divergence forming on shorter time frames (15m–1h)
If price holds above $1,590, we may see a test of $1,610 and beyond
---
Sentiment Check
Short-Term: Bullish bias, but cautious near resistance
Medium-Term: Needs to reclaim and hold above $1,610 to flip structure bullish
Risk Trigger: Drop below $1,540 could invite more selling down to $1,500
---
TL;DR
Range to Watch: $1,540 – $1,610
Breakout Confirmation: Above $1,610 for a run toward $1,650+
Buy Zones: $1,550 – $1,570 if market dips with strong volume support
---
Want a trade setup idea, or comparison with BTC or SOL behavior?
#ETH #FederalReserveIndependence #BinanceAlphaAlert #ETHFI #Write2Earn