$ETH /USDT: Approaching a Critical Breakout
$ETH is trading at $3,343.67, showing bullish momentum after bouncing from a low of $3,260.48. The immediate resistance at $3,344.00 is crucial for a move toward the next target of $3,403.00.
Key Levels to Watch:
Resistance: $3,344.00
Target: $3,403.00
Support: $3,286.93
Trade Setup:
Long Entry: On a breakout above $3,344.00
Stop-loss: Below $3,286.93
Market Insight:
With increasing volume and momentum, $ETH is on the verge of a potential rally. Failure to break resistance may lead to a retest of the support level, creating a critical opportunity for re-entry.