$ETH Update: Recovery to $3,448.37 – Momentum Building.
$ETH is making a strong comeback, currently trading at $3,448.37. With a 24-hour high of $3,528.69 and a low of $3,101.90, Ethereum has gained significant momentum, attracting traders' attention.
Key Levels to Watch:
Resistance: $3,500 – A breakout above this could push $ETH higher toward $3,600.
Support: $3,300 – Holding this level is crucial to maintain upward momentum.
Trade Setup:
Entry Point: Around $3,450
Targets:
1. $3,550 (short-term)
2. $3,650 (mid-term)
Risk Management:
Stop-loss: $3,300 – Protect against potential retracements.
Pro Tip: Monitor trading volume for confirmation of further upward moves. A break above $3,500 could signal continued bullish action.
