🚀 $ETH /USD ANALYSIS: TRADING AT $3602—BULLISH CONTINUATION OR A PULLBACK? 🚀📈

The $ETH /USD pair is currently priced at $3602, showing steady bullish momentum and holding strong near key levels. As Ethereum continues to exhibit strong demand, traders are eyeing breakout opportunities while watching for potential retracements. Here's the breakdown and trade setups.

📈 Market Conditions:

$ETH/USD has reached a 24-hour high of $3620 and a low of $3570. The price is holding above support at $3580, with immediate resistance at $3620. Strong buying interest continues to push the price higher, but traders are waiting for confirmation of sustained upward momentum.

📊 High Probability Trade Scenarios:

Bullish Scenario: A breakout above $3620 could push the price toward the next resistance at $3700.

Take Profit (TP): $3700

Stop Loss (SL): $3550

Bearish Scenario: If the price fails to hold above $3580, a pullback to test $3520 support is likely.

Take Profit (TP): $3520

Stop Loss (SL): $3590

🔑 Key Levels to Watch:

Resistance: $3620, $3700

Support: $3580, $3520

📈 Market Outlook:

$ETH/USD is nearing key resistance at $3620, with potential for a bullish continuation if the price can break higher. However, failure to maintain momentum above $3580 may lead to a short-term correction. Traders should keep an eye on volume and momentum for further confirmation.

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