Binance Technical Analysis: $ETH

/USDT & 3 Key Targets 🎯

ETH/USDT Technical Analysis:

Ethereum (ETH) has shown significant bullish momentum, pushing toward key resistance levels with strong trading volume. Traders are looking for potential breakout levels and future targets.

Current Price: 1,920 USDT

+3.45% (24h)l

Key Support and Resistance Levels:

1. Support Level: 1,880 USDT

This level has provided strong support during pullbacks, maintaining ETH’s upward movement.

2. Resistance Levels:

1,950 USDT: Immediate resistance, where selling pressure could emerge.

2,000 USDT: Next major resistance, a psychological milestone signaling bullish continuation.

Next Targets:

1. Target 1: 1,950 USDT

Breaking 1,950 could push ETH/USDT toward the next resistance level at 2,000.

2. Target 2: 2,000 USDT

Sustained momentum above 1,950 could lead to a test of 2,000, a crucial psychological level.

3. Target 3: 2,150 USDT

Beyond 2,000, 2,150 becomes the next key target, signaling strong bullish continuation.

Conclusion:

ETH/USDT is showing bullish strength with key support and resistance levels offering clear targets. Traders should monitor these levels for potential breakout opportunities.