$ETH $ETH The $ETH /USDT chart is currently displaying a bullish trend. The price has been steadily increasing over the past 24 hours, with a 24-hour high of 2,586.80 USDT. The current price is 2,510.10 USDT, which is a 0.11% increase from the 24-hour low of 2,481.68 USDT. The 24-hour trading volume is 357,809.37 ETH, and the 24-hour trading volume in USDT is 903.14M.
Support and Resistance Levels:
Support: The 2,481.68 USDT level is the immediate support level. If the price breaks below this level, the next support level is 2,455.77 USDT.
Resistance: The 2,586.80 USDT level is the immediate resistance level. If the price breaks above this level, the next resistance level is 2,735.63 USDT.
Entry Signal:
A potential entry signal for a long position could be a break above the 2,586.80 USDT resistance level. However, it's important to note that the market is currently in a bullish trend, so it's important to use a stop-loss order to protect your investment.
Additional Considerations:
The Moving Averages (MA) are all below the current price, which is a bullish indicator.
The Volume is increasing, which suggests that there is more interest in buying ETH.#CryptoAMA #29thBNBBurn #16thBTCWhitePaperAnniv #USNFPCooldown #Write2Earn!