🚨 $ETH /USDT Soars: Key Targets in Sight as Bulls Dominate! 🚨
$ETH/USDT is currently trading at $3,825.77, with a 4.89% gain in the last 24 hours. Ethereum has displayed strong bullish momentum, climbing from a low of $3,562.34 to a high of $3,840.00. The price is now at a critical juncture, nearing major resistance zones.
💡 Key Targets to Watch:
1. Target 1: $3,840.00
The immediate resistance level. A breakout above this mark could signal a continuation of the bullish run, attracting more buyers.
2. Target 2: $3,900.00
If the breakout above $3,840.00 is sustained, the next target is $3,900.00, a psychological level where traders might look to take partial profits.
3. Target 3: $4,000.00
A strong bullish rally could propel ETH toward $4,000.00, a major milestone and critical level for long-term traders.
📉 Support Levels:
Primary Support: $3,800.00 – Holding above this level is crucial to maintain bullish sentiment.
Secondary Support: $3,700.00 – A drop below could trigger a deeper correction.
Trade Setup:
Long Entry: Above $3,840.00, aiming for $3,900.00 and $4,000.00.
Short Entry: If $ETH faces rejection at $3,840.00, look for a pullback to $3,800.00 or lower.
⚠️ Risk Note: Keep tight stop-losses and manage risk effectively as $ETH approaches critical resistance levels.