$ETH

/USDT Technical Analysis: Key Targets to Watch 🎯

ETH/USDT has been navigating a bearish trend recently, with the price testing key support levels. As we analyze the current chart and market sentiment, here are three targets to keep an eye on:

🔹 Target 1: $3,014.79 (Support Level)

ETH is currently testing the $3,014.79 level. If this support holds, we may see a potential bounce towards higher levels. Traders could look for a reversal pattern or consolidation here to confirm a move upwards.

🔹 Target 2: $3,064.06 (Current Resistance)

The immediate resistance is at $3,064.06. If ETH manages to break above this level, it could indicate a possible continuation towards the next key resistance. Watch for price action near this level to gauge the next move.

🔹 Target 3: $3,230.73 (High Zone)

The $3,230.73 level is a crucial resistance that has been tested multiple times in the past. If ETH breaks and sustains above this zone, we could see a rally towards $3,400 or beyond. Traders should monitor for volume spikes around this level for potential breakout opportunities.

24h Price Change: -3.66%

ETH has experienced a slight pullback over the last 24 hours, but the broader trend remains in focus. Stay vigilant as these levels unfold.

📊 Trading Volume: With a 24h volume of 590,962.95 ETH and 1.84B USDT, market activity remains high, signaling potential volatility.

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