📊 Ethereum (ETH/USDT) Technical Analysis 🎯
Ethereum is showcasing bullish momentum with a +2.11% increase, currently trading at $3,658.99. Here’s a detailed breakdown with three potential targets for traders:
🔍 Key Levels to Watch:
1️⃣ Immediate Resistance: $3,700
Breaking above this level could signal a strong bullish breakout. Traders might eye this as a confirmation zone for a sustained uptrend.
2️⃣ Target 2: $3,850
If ETH maintains its momentum, this level could act as a magnet for buyers. It represents a critical Fibonacci extension zone, where volume may spike.
3️⃣ Target 3: $4,000
This psychological milestone could attract profit-taking but also serve as a bullish catalyst if surpassed. Watch for strong buyer activity here.
🔻 Support Zones:
$3,534 (24H Low): Key short-term support, ensuring ETH holds its bullish bias.
$3,450: Critical level where bears may gain control if breached.
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