💎 ETH/USDT Update: Trading at $3,099.39 📉 | Key Targets & Signals Ahead! 🚀
📊 Market Overview:
Current Price: $3,099.39 (-0.30%)
24h High: $3,224.94
24h Low: $3,076.00
24h Volume (ETH): 657,380.87 ETH
24h Volume (USDT): $2.07B
Average Price (AVL): $3,096.11
📈 Technical Analysis:
Ethereum is currently consolidating within a tight range after facing resistance near $3,150. The price is holding above key support levels, indicating potential for a bullish breakout if momentum builds.
🔑 Key Levels to Watch:
1. Resistance Levels:
$3,126.50: Immediate resistance.
$3,153.70: Next major hurdle for bullish continuation.
2. Support Levels:
$3,076.00: Strong support zone for buyers.
$3,050.00: Critical support to watch in case of a downside move.
🎯 Price Targets for Traders:
1. Target 1 (Short-term): $3,150 — A potential breakout with quick profit.
2. Target 2 (Medium-term): $3,200 — Breaking this opens the door to fresh highs.
3. Target 3 (Long-term): $3,250 — Strong bullish momentum could drive ETH further.
📌 Trade Signal:
Entry Point: Near $3,100 for low-risk, high-reward potential.
Stop-Loss: Below $3,076 to minimize downside risks.
Confirmation: Wait for a breakout above $3,126 for a stronger bullish signal.
⚠️ Note: Volatility is moderate, so position sizing is crucial. Follow the trend and adjust based on market sentiment.
🚀 Ethereum on the Move – Stay Ready to Trade Smart! 💹