$ETH

/USDT Technical Analysis & Trade Signal🔥💯

Current Price: $3,337.53

24h High: $3,514.94

24h Low: $3,336.80

24h Change: -4.37%

Technical Analysis:

Support Level: $3,336.80 (recent low)

Resistance Level: $3,514.94 (24h high)

Trend: Currently showing a slight bearish movement with the price testing lower levels. Immediate support near $3,336 could act as a cushion before a potential bounce.

RSI (Relative Strength Index): Neutral to slightly bearish, suggesting possible short-term consolidation or a downside continuation.

Trade Signal:

Short Term Momentum: Bearish (due to a 4.37% drop over 24 hours)

Entry Point: $3,340 to $3,350 (possible reversal or continuation point)

Target Levels:

1. Target 1 (Support Retest): $3,310 – potential bounce or consolidation.

2. Target 2 (Resistance Test): $3,420 – if bullish reversal takes hold.

3. Target 3 (Extended Resistance): $3,514 – price testing highs, with clear resistance here.

Stop Loss: $3,280 (below recent low for risk management).

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