$ETH /USDT Technical Analysis
The chart shows ETH experiencing a correction after hitting a high of $3,419, with strong support near $3,308. The current price of $3,360 suggests consolidation, indicating a possible bullish flag formation. If ETH breaks above $3,370, a long entry can be considered with a target of $3,430.
Entry & Exit Levels:
• Long Entry: Above $3,370
• Target: $3,430 - $3,450
• Stop Loss: Below $3,300
Market sentiment leans bullish, as the higher lows pattern supports upward momentum. However, failure to hold $3,308 may trigger further downside.