$ETH /USDT Update – Consolidation at Resistance
Current Price: $3,485.81 (-0.09%)
$ETH/USDT is consolidating below $3,550 after facing rejection from its 24-hour high of $3,547.95.
Entry Suggestion:
Long Entry: $3,450–$3,480 range on pullbacks.
Targets:
Upside Target: $3,550, $3,600
Downside Target: $3,420, $3,360
Stop Loss:
Place a stop loss below $3,400 to minimize risks.
Market Outlook:
ETH is attempting to establish a support base around $3,480. A break above $3,550 could spark further bullish momentum. However, failure to hold above $3,450 may result in a retest of lower support levels.