🚨$ETH /USDT Analysis🚨
💣Technical Outlook:
📊ETH/USDT is currently trading at 2647.60, showing a slight downward trend in the past hour. The price has been fluctuating between the support level of 100 and the resistance level of 102.
📝Trading Strategy:
📈Long Entry: 100.50
🛑Long Stop Loss: 99.50
🎯Long Target: 102.00
📉Short Entry: 101.50
🛑Short Stop Loss: 102.00
🎯Short Target: 100.00
🟢Overall:
The market is currently in a state of consolidation. Traders should exercise caution and monitor the price action closely. If the price breaks above the resistance level of 102, it could signal a bullish trend. Conversely, a break below the support level of 100 could indicate a bearish trend.
⚠️Disclaimer:
This is not financial advice. Please do your own research before making any investment decisions.
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