$ETH /USDT Approaches Key Resistance – Will $4,000 Be Next?
$ETH /USDT is trading at $3,795.25, marking an impressive gain of +5.95% for the day. The 15-minute chart reveals strong bullish momentum as Ethereum approaches its 24-hour high of $3,821.00. With consistent upward movement, traders are eyeing the next potential move toward the psychological level of $4,000.
For short-term traders, an ideal entry lies between $3,780 - $3,800. Key resistance is set at $3,821, and a breakout above this level could target TP1 at $3,850, TP2 at $3,900, and TP3 at $3,950, offering tight intervals to capitalize on momentum. To minimize downside risk, a stop-loss should be placed at $3,750.
Ethereum's current trajectory signals strong buying pressure, but failure to break the $3,821 resistance may lead to a short-term consolidation around $3,767. With increasing volume and bullish technical indicators, ETH's journey toward $4,000 is within reach if market sentiment remains favorable.