Post for $ETH /USDT Technical Analysis
📊 $ETH /USDT Analysis Update:
Current Price: $3,489.99 (+2.29%)
24H Range: $3,385.02 - $3,539.65
30-Minute Chart Overview: Ethereum is consolidating near the $3,500 resistance level after a strong recovery from $3,385. Bullish signals indicate potential upward continuation if key levels are broken.
🎯 Targets:
1. First Target: $3,550 - Immediate resistance level that could face selling pressure but also indicate a breakout if breached.
2. Second Target: $3,600 - A critical medium-term resistance level. Success above this could confirm bullish strength.
3. Third Target: $3,750 - Long-term resistance zone with potential for Ethereum to test new highs in a broader bullish run.
💡 Actionable Insights:
Secure partial profits near $3,550.
Adjust your stop-loss to $3,450 to protect gains.
Monitor volume and RSI for breakout confirmation around $3,600.
📈 Long-Term View: Sustained momentum above $3,750 could initiate a broader rally toward $4,000+, making this a pivotal level to watch.