ETHUSD approaching resistance, potential drop!

ETHUSD is approaching our first resistance at 176.86 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur to our major support at 159.33 (horizontal swing low support, 61.8% Fibonacci extension).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
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