ETH/USDT Daily Chart Analysis
Current Pattern: #ETH is forming a bullish flag pattern, indicating a potential continuation of the upward trend.
Resistance: The resistance zone around $3200 is crucial.
Support: Watching the 200-day EMA around $2632.22 for potential support.
🔹 There's been a recent fakeout near the resistance.
🔹 Price is currently consolidating, waiting for a breakout from the bullish flag.
Before Breakout $ETH could test $2500 support level.