$ETH /USDT: Bullish Rally Accelerates – High Potential for Gains
Ethereum is on the rise, currently trading at $3,507.21 after a 5.66% gain in the past 24 hours. The token has rebounded strongly from a low of $3,269.35 and is breaking through key levels, approaching its 24-hour high. A breakout above the immediate resistance at $3,490 could drive the price toward $3,550 and possibly $3,600, presenting a lucrative opportunity for traders.
On the downside, support is at $3,440, and a breach of this level could lead to a retracement toward $3,400. With trading volumes remaining robust, momentum appears strong. Traders should move decisively while employing tight stop-losses to manage risk effectively.