Ethereum is currently trading at $3,169, and the recent breakout has made the market more bullish. Here are the key levels and possible targets for traders:
🎯 Target 1: $3,250
This is the first resistance level. If ETH breaks above this level, there is likely to be further buying pressure in the market.
🎯 Target 2: $3,350
This is a strong resistance zone. A breakout here could push ETH even higher.
🎯 Target 3: $3,500
With market sentiment and volume supporting the trend, this third target is achievable. Reaching this level would confirm a strong bullish trend.
Important Notes:
Support Level: $3,100
RSI: Above 60, indicating that the asset is in the overbought zone.
MACD: Bullish crossover, suggesting further upward momentum.
ETH is holding strong on solid foundations, and current market trends predict further gains in the short term. Always use stop-loss orders and remain cautious when planning your strategy.
