$ETH $ETH Based on the data provided, here's a professional analysis of the $ETH /USDT chart:

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### **Support and Resistance Levels**

- **Support Levels**: The recent support level is around **$2,469.62**. Another support level can be identified at **$2,308.71**.

- **Resistance Levels**: The nearest resistance level is around **$2,586.80**. A higher resistance level can be seen at **$2,791.43**.

### **Entry Signal**

- **Entry Signal**: Look for a **bullish candlestick pattern** (e.g., Hammer, Bullish Engulfing) or a **break above the recent support level** at **$2,469.62**.

### **Stop Loss and Take Profit Levels**

- **Stop Loss**: Place a stop loss just below the recent support level, around **$2,308.71**.

- **Take Profit**: Set a take profit target near the nearest resistance level at **$2,586.80**. For a more ambitious target, you could aim for **$2,791.43**.

### **Additional Considerations**

- **Volume**: Monitor the trading volume as it can provide insights into market sentiment. A significant increase in volume often precedes a strong move.

- **Moving Averages**: The 5-period and 10-period moving averages can act as dynamic support and resistance levels. Currently, the 5-period MA is at **$2,513.26** and the 10-period MA is at **$2,630.52**.

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