🚀 ETH/USDT Analysis - Key Levels to Watch! 🔥
Current Price: $2618.05
Resistance: $3448
Support: $2111
🔍 What the Charts Are Indicating:
• MACD Bearish: Watch out! The MACD is still in bearish territory. Momentum is weak.
• Volume Profile: Heavy resistance around $3448—breaking this could be tough.
• Bollinger Bands Squeeze: Volatility is low; a big move could be coming soon!
📉 Bearish Sentiment:
• ETH is struggling below $3000, with $2111 being a crucial support. If this breaks, watch for lower targets.
🎯 Action Plan:
• Bearish Outlook: Below $2618 could see ETH retesting $2111. Keep an eye on MACD for any signs of reversal.
• Bullish Play: A break above $3448 with strong volume could flip the trend bullish, targeting $3800+.
Stay alert—ETH/USDT is at a pivotal point! 📊
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