Based on the provided chart and its data, here's ETH/USDT:
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$BNB #BinanceMegadropSolv #BinanceAlphaAlert to
ETH/USDT Analysis Report
Exchange: Binance
Chart Interval: 1-Hour
Current Price: $3,423.14
24h Change: -7.18% 📉
Market Observation
24h High: $3,703.38
24h Low: $3,413.11
Recent Trend: The market has experienced a sharp downtrend, showing significant selling pressure.
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Trading Plan
Long Trade (Buy) Setup
Entry Level: $3,425 - $3,440
Target 1: $3,480
Target 2: $3,550
Stop Loss: $3,400
Reason: The price is near a psychological support zone ($3,400), and oversold conditions may trigger a short-term bounce.
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Short Trade (Sell) Setup
Entry Level: $3,450 - $3,470
Target 1: $3,380
Target 2: $3,340
Stop Loss: $3,500
Reason: Momentum is bearish, and a retest of $3,450-$3,470 could present a continuation of the downtrend.
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Indicators to Watch
📊 RSI: Check for oversold or overbought conditions.
📉 Volume: Ensure strong momentum for breakout or breakdown confirmation.
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Visual Trading Plan
[Trading Chart with Marked Levels]
(Illustration prepared as per analysis.)
Generating chart...