Here's a technical analysis for ETH/USDT with trade signals and target levels: $ETH /USDT Technical Analysis: 1. Current Price Range: The current price is near $3,610.44, with a slight dip from the 24h high of $3,620.20. The price is under some negative pressure with a -2.46% change in the last 24 hours. 2. Support and Resistance Levels: Support: The first key support level is around $3,610.00. If the price continues to dip, this area may act as a strong buy zone. Resistance: The immediate resistance is at $3,620.00, with a secondary resistance level near $3,760.00. 3. Trend Analysis: The 15m and 1h charts show slight downward momentum, indicating a short-term pullback. The 4h and 1D charts show consolidation after the recent dip, suggesting that the market is looking for direction. 4. Moving Averages: The 50-period MA is slightly above the current price, which could act as resistance. The 200-period MA is still below, showing that the long-term trend is bullish. 5. RSI (Relative Strength Index): RSI is at 45, suggesting the asset is neither overbought nor oversold, but leaning towards a neutral stance. It indicates potential for a reversal if the price approaches support levels. Trade Signals: 1. Bullish Signal: If ETH moves above $3,620 and holds, we can expect a rally toward $3,760. Entry Point: $3,620 (Breakout above resistance) Stop-Loss: $3,600 (Just below recent low) Target Levels: Target 1: $3,680 (Intermediate resistance) Target 2: $3,730 (Resistance near the 4-hour chart) Target 3: $3,760 (Higher resistance) 2. Bearish Signal: If the price breaks below $3,610, we may see a further decline. Entry Point: $3,610 (Breakdown below support) Stop-Loss: $3,640 (Above the recent high) Target Levels: Target 1: $3,580 (First support level) Target 2: $3,550 (Mid-term support) Target 3: $3,500 (Strong psychological support) Trade Momentum: Short-Term Momentum: Bearish in the 15m and 1h timeframes, but neutral to bullish in the 4h and 1D charts. #ETHOnTheRise