$ETH
/USDT Technical Analysis – Target Levels Update 🎯
Ethereum (ETH) is displaying a strong bullish trend against Tether (USDT), currently trading around $3,315.79. Let’s break down key target levels for potential moves:
1. Target 1 - $3,350: The immediate resistance lies at $3,350. Breaking this level could confirm strong buying momentum, pushing ETH higher in the short term.
2. Target 2 - $3,400: A push to $3,400 could signal a continuation of the upward trend, attracting more buyers and confirming a strong recovery.
3. Target 3 - $3,500: If ETH sustains its rally and crosses the $3,500 mark, it may gain significant traction, signaling a potential new support level for longer-term bullish prospects.
Trend Insights: The 4-hour chart shows ETH holding its ground above critical support levels, with buyers likely to remain active if positive sentiment continues. However, any retracement below $3,300 might indicate consolidation.
Stay Alert: Always manage risk and keep an eye on key support and resistance levels!