Binance Technical Analysis: $ETH

/USDT

As of the latest market data, ETH is trading at $2,713.99, showcasing a +3.22% increase over the last 24 hours. Here’s a quick technical analysis to help guide your trading strategy.

Key Levels to Watch:

1. Support Level: $2,660.36

This level is identified by the SAR indicator and acts as a crucial support point. If the price dips below this, it could signal a bearish trend.

2. Resistance Level 1: $2,722.00

The recent 24-hour high, this resistance level will be critical to watch. A breakthrough could lead to further bullish momentum.

3. Target Level: $2,800.00 🎯

If bullish momentum continues, the next target is set at $2,800.00. A breakout above this level could indicate a significant upward trend, attracting more buyers.

Market Sentiment:

24h Low: $2,599.66

Volume (ETH): 477,703.24 ETH

Volume (USDT): $1.27 billion

#USADPSurges #BinanceBlockchainWeek #USJobOpeningsDip #BTCBreak71K #PhantomOutage