$ETH /USDT Key Market Analysis ๐ฅ๐ฏ
๐ Current Price: $3,332.29 (-2.10%)
24h High: $3,410.66
24h Low: $3,313.88
๐ผ Volume Overview:
24h ETH Volume: 205,787.34 ETH
24h USDT Volume: $688.59M
๐ Trend Overview:
Bearish Bias: ETH is facing selling pressure as it tests the $3,300 support level.
Support Levels: Immediate support lies at $3,300, with critical support at $3,200.
Resistance Levels: Key resistance zones to watch are $3,400 and $3,500.
โก Action Plan:
Breakdown Below $3,300: Watch for sustained bearish momentum to target $3,200 or lower.
Recovery Above $3,400: A reversal above this level could signal renewed bullish momentum toward $3,600.
๐ Risk Management: Use tight stop-loss levels near $3,300 to mitigate risks in case of unexpected volatility.
๐ฎ Conclusion:
$ETH remains at a pivotal level. Traders should monitor price action closely around $3,300 for either a potential breakdown or recovery. Volume confirmation will be critical for either scenario.
#BitcoinInSwissReserves #BTC94KShowdown #DEXVolumeRecord #BTCMiningPeak #SolvProtocolMegadrop