$ETH /USD Analysis: Bullish Momentum with Key Resistance Levels Ahead

Current Price: $3465

24H Change: +2.58%

$ETH /USD is trading at $3465, showing strong bullish momentum as it approaches significant resistance levels. The price has been steadily climbing, and a breakout could signal further upside potential in the short term.

Key Levels to Watch

Resistance:

$3500 – Immediate resistance. A breakout above this level could push the price toward new highs.

$3600 – Major resistance, marking a critical level for continued bullish movement.

Support:

$3400 – Immediate support. Holding this level is essential to maintaining the uptrend.

$3300 – Stronger support, providing a solid foundation in case of a pullback.

Market Insights

$ETH/USD is testing resistance at $3500, with a potential breakout targeting $3600. Maintaining support at $3400 is crucial to avoid a retracement toward $3300. Traders should monitor volume and market sentiment to validate the continuation of the uptrend.

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