🚨 $ETH /USDT ALERT: Testing Support at $3,096.79 – Eyes on the Next Move! 🚀
Ethereum ($ETH ) is trading at $3,096.79, down 1.84%, with a 24-hour high of $3,160.34. Consolidation at these levels indicates potential for a significant breakout soon.
Key Targets to Watch:
📈 Target 1: $3,120 – Immediate resistance; breaking this level could initiate recovery.
📈 Target 2: $3,160 – Retest of the recent high may attract increased buying interest.
📈 Target 3: $3,220 – A significant level that could signal bullish continuation if crossed.
Critical Support:
📉 Support Zone: $3,050 – Holding above this level is crucial to avoid further downside risk.
💡 Insights:
7MA at $3,102.58 suggests short-term bearish pressure, but a reversal could occur if resistance is tested.
Trading volume remains strong, highlighting active market participation.
⚠️ Caution: Use stop-losses below $3,050 to manage risks effectively in case of further dips.
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