🚨$ETH ETH/USDT DIPS -3.18% – Consolidation or Reversal in Sight? 🚨
Ethereum ($ETH) is trading at $3,301.60, experiencing a pullback after reaching a recent high of $3,497.51. The price remains in a key range as traders look for signs of the next move.
💡 Key Levels to Watch:
Resistance: $3,500 – Breaking above this level could push ETH toward $3,600 and beyond.
Support: $3,280 – Holding this level is essential to prevent further downside toward $3,120.
📈 Bullish Scenario:
If ETH holds above $3,280 and reclaims $3,500, it could target $3,600 and eventually retest $3,800 with sustained buying pressure.
📉 Bearish Risk:
A breakdown below $3,280 might lead to a retest of $3,120, offering a potential entry for long-term buyers.
⚠️ Pro Tip:
Monitor trading volume—strong volume near resistance or support will confirm the next move. Use tight stop-losses for risk management.
What’s your strategy for ETH—buy the dip or wait for confirmation? Let’s track the action together!
