$ETH /USDT Technical Analysis & Trade Signal🚀🚀🚀
Current Price: $3,425.82
Trend: Consolidating with bearish momentum, but short-term recovery potential.
Key Levels
Resistance Levels (Targets):
🎯 Target 1: $3,450
🎯 Target 2: $3,480
🎯 Target 3: $3,520
Support Levels:
Primary Support: $3,400
Strong Support: $3,325
Indicators
1. RSI (Relative Strength Index): 45 – Near neutral zone, but leaning towards oversold.
2. MACD (Moving Average Convergence Divergence): Bearish crossover, showing slight selling pressure.
3. Volume: Increased 24-hour volume indicates market interest in this zone.
Trade Signal
Entry Zone: $3,420 - $3,430 (Close to support with low risk)
Stop-Loss: $3,390 (Below primary support)
Targets:
🎯 $3,450 (Low-risk scalping)
🎯 $3,480 (Mid-level resistance)
🎯 $3,520 (Strong resistance and breakout potential)
Momentum Insight
Short-Term Momentum: Slightly bearish but recovering; suitable for range trading or quick scalps.
Medium-Term Momentum: Bullish recovery possible if price holds above $3,400 and breaks $3,450 resistance.
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