#Ethereum Is Holding a Key Support Zone – Bulls Still Have a Chance.......


$ETH is currently trading around $1,580, holding above a strong demand zone between $1,510-$1,530. Buyers have defended this area multiple times, making it the most important support to watch.
Key Levels
Buying Zone: $1,530-$1,560 (on bullish confirmation)
Support: $1,510-$1,530
Resistance 1: $1,650-$1,670
Resistance 2 (Take Profit Zone): $1,760-$1,780
My ViewAs long as ETH remains above the $1,510-$1,530 support zone, the bullish recovery scenario remains valid. A break above $1,650 could attract fresh buying momentum and push price toward the $1,760-$1,780 resistance area.
However, if #ETH loses the current support zone, sellers could regain control and trigger another leg lower. For now, the chart favors patience and waiting for confirmation before chasing the next move.
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ETH0.55%
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