🚀 $ETH

/USDT Technical Analysis 🎯

Ethereum (ETH) has been making strong moves, trading at $3,365.51, up by +8.55% in the last 24 hours. Here’s a breakdown of the key price targets and levels to watch for:

📊 Key Levels

1️⃣ Target 1: $3,380

ETH is pushing towards resistance at $3,366. A successful breakout past this level could signal a strong move towards $3,380.

Indicators: Positive momentum and strong buying interest, supported by RSI and volume.

2️⃣ Target 2: $3,450

A critical resistance level near $3,450 is in focus. If ETH continues its bullish trajectory, this zone is likely to be tested.

Suggestion: Watch for potential pullbacks here, as profit-taking might occur.

3️⃣ Target 3: $3,050

In the event of a market retracement, $3,050 is a key support level to watch. A dip to this zone could present an ideal buying opportunity for long-term traders.

Indicators: Strong support near $3,029.41 with healthy volume, suggesting a potential bounce.

💡 Trading Insights

Trend: ETH is in a clear uptrend on the 1D chart, signaling continued bullish potential.

MACD: Bullish momentum remains intact, indicating further price appreciation.

🎯 Pro Tip: Keep an eye on ETH around $3,380 and $3,450. A breakout above these levels could drive ETH further upwards, while a rejection may lead to a retracement back to $3,050. Always use stop-loss orders for effective risk management!

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