ETH price rebounds, bullish breakout of key resistance zone
The current trading price of ETH is 3,343.67, rebounding from a low of 3,260.48, showing significant upward momentum. After breaking through the direct resistance level of 3,344.00, the price is expected to rise further, with a target of 3,403.00.
Key technical levels:
Resistance level: 3,344.00
Target price level: 3,403.00
Support level: 3,286.93
Trading strategy:
Entry signal: If breaking through 3,344.00, consider going long
Stop loss level: Set below 3,286.93
Market outlook:
With an increase in market trading volume and momentum, ETH is expected to see a rebound. If it fails to break through the current resistance level, it may retrace to the support zone, providing an opportunity for re-entry.
