$ETH /USDT: Range-Bound Action Near Critical Levels

ETH/USDT is trading at $3,436.79, reflecting a 0.02% decrease over the past 24 hours. Ethereum's price exhibits range-bound movement as it hovers near key support and resistance zones, signaling a potential breakout.

Key Data Points:

24h High: $3,441.80

24h Low: $3,252.00

24h Volume (ETH): 716,056.97 ETH

24h Volume (USDT): $2.39B

Trade Strategy:

Long Position: Enter above $3,450, targeting $3,500 and $3,580. Place a stop loss at $3,400.

Short Position: Enter below $3,320, aiming for $3,250 and $3,200. Place a stop loss at $3,380.

Market Outlook:

ETH/USDT is navigating a consolidation phase, with support at $3,320 and resistance at $3,450. A breakout on either side could set the tone for Ethereum's next move. Watch for volume increases and market news to gauge the direction of the trend.

#ETH🔥🔥🔥🔥 #USGDPUpdate #GODINDataForAI #MarketBuyOrHold? #BinanceHODLerTHE