$ETH /USDT: Testing Key Resistance Levels

Ethereum ($ETH ) has surged to $3,505.68, marking a 2.96% gain in the last 24 hours, with strong momentum after bouncing from a low of $3,385.98. The price is currently approaching its 24-hour high of $3,539.65, a critical resistance level. Breaking above this point could push ETH toward further gains, signaling a bullish continuation. On the downside, support is seen near $3,480, and failure to hold this level may lead to a retracement. Traders should monitor volume closely, as it remains elevated with $286,785 ETH traded, indicating strong market activity. A breakout or rejection here could define the next move—stay sharp and plan trades with tight stop-losses for optimal risk management.