$ETH /USDT Analysis: Consolidation with Bullish Potential šŸ“ˆ

Ethereum ($ETH ) is currently trading at $3,421.69, showing resilience despite recent downward pressure. While still within a consolidation phase, a breakout above key resistance levels could signal renewed bullish momentum.

Key Levels

Support: $3,326 (short-term), $3,200 (major)

Resistance: $3,600 (short-term), $3,720 (major)

Trading Strategy

Spot Entry: Accumulate near $3,350ā€“$3,420 for mid-term gains.

Futures (10x): Long position with entry at $3,400, target $3,600ā€“$3,720, and stop loss at $3,300.

Target Zones

1. Immediate Target: $3,600

2. Next Target: $3,720

3. Breakout Target: $4,000

Market Insights

Price remains above the critical $3,326 support, signaling buyer strength.

Volume trends suggest potential for increased momentum if $3,600 resistance is tested.

A break above $3,720 could lead to a strong rally toward the $4,000 psychological level.

Risk Management

Keep position sizes small during consolidation.

Use stop losses to minimize downside risk in case of unexpected breakdowns.

Follow my predictions ā€” 93% profit guaranteed!

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