Ethereum / Tether
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Will ETH hold?

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ETHUSDT After a strong run to 2k in early August on merge speculation, ETH has been in a down trend over the past few weeks. Considering the local buy/sell zones, if Ethereum doesn't hold at the bottom of this sell zone (red box = resistance = sell pressure), ~$1705, we could be looking at a hasty drop down to the next support area in the $1630-$1660 range. FYI... I am a data and patterns guy, not a financial advisor. Do Your Own Research (DYOR) and make your own decisions. This is just an educated guess.
Nota
BTW... If ETH doesn't hold and drops to 1630s the next drop will be $1570-ish with bears chasing after wicks in the low 1520s.

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