ETH/USDT Analysis Update
Current Price: $2551.81
Support: $2530
Resistance: $2570
Strategy Breakdown:
If ETH holds above the $2530 support level, a potential breakout to $2570 could signal a long trade opportunity.
A long entry above $2570 targets $2600, with a stop loss set at $2530 for risk management.
Conversely, if ETH breaks below $2530, a short trade entry could trigger, aiming for $2500, with a stop loss at $2570.
This setup provides both bullish and bearish options based on price reactions at these critical zones. Stay prepared for market movements!