$ETH Ethereum has reached the key resistance zone identified back in June. This is an important decision area. The recovery is still a corrective 3-wave move, which limits how much excitement is warranted here. Support at $1,600-$1,787 is the zone that keeps the recovery alive. Lose that and $1,400 is next, with $1,100-$1,060 below that. The bear market is still intact.