ETHUSDT is currently pulling back towards a support level and the upward trendline that has been respected multiple times before. The price is consolidating above the psychological level of 3000 which might be an accumalation phase. As the market approaches the previous month's low, I believe the price could find support around this zone. If the price bounces back from this area above the psychological level of 3000, we could see a bullish momentum. My goal is resistance zone around 3720.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
