$ETH /USDT Key Market Analysis ๐Ÿ”ฅ๐Ÿ’ฏ

๐Ÿ“Š Current Price: $3,332.29 (-2.10%)

24h High: $3,410.66

24h Low: $3,313.88

๐Ÿ’ผ Volume Overview:

24h ETH Volume: 205,787.34 ETH

24h USDT Volume: $688.59M

๐Ÿ“ˆ 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.

โšก 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.

๐Ÿ›  Risk Management: Use tight stop-loss levels near $3,300 to mitigate risks in case of unexpected volatility.

๐Ÿ”ฎ 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.

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