🚀 ETH/USDT Latest Analysis — August 16, 2026
$ETH is showing a cautious short-term structure. ETH needs to reclaim the $1,900–$1,920 zone to strengthen the bullish setup. Recent technical analysis places support around $1,840–$1,860.
🟢 Bullish Scenario
A confirmed breakout above $1,920 could open the way toward:
🎯 TP1: $1,960
🎯 TP2: $2,000
🎯 TP3: $2,050
🔴 Bearish Scenario
If $ETH loses $1,840, sellers could target:
🎯 $1,800
🎯 $1,750
📌 Key Levels
Support: $1,840–$1,860
Resistance: $1,900–$1,920
⚠️ Wait for confirmation before entering. Use proper risk management and avoid over-leveraging.
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