$ETH /USDT: Preparing for the Next Move!

Current Price:

$ETH /USDT is trading at $3,353.28 (+0.72%), showing a recovery from the recent dip to $3,306.60.

Key Targets to Watch:

1. $3,393.60 – Immediate resistance level for short-term momentum.

2. $3,440.00 – A medium-term breakout level aligning with the 24-hour high.

3. $3,500.00 – Long-term target for continued bullish movement.

Technical Analysis:

MA(7) crossing MA(25): A short-term bullish signal.

MA(99) at $3,362: Acting as a crucial resistance; a breakout could confirm upward momentum.

Strong bounce from $3,306.60 indicates significant buying interest at lower levels.

Trading Strategy:

Buy Zone: $3,340.00–$3,355.00 for an optimal entry.

Stop-loss: $3,300.00 to mitigate risk.

Gradual profit booking at each target level is advised for secure returns.

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