🚨 $ETH /USDT ALERT: Ethereum Price Struggles – Key Levels to Monitor! 🚨
$ETH is trading at $3,322.52, down 4.32%, following a pullback from the recent high of $3,546.66. The price action is showing signs of weakness, so it’s important to keep an eye on the following critical levels.
Key Levels to Watch:
📉 Support Levels:
1. $3,280.10 – Immediate support; a strong bounce from here could signal a potential recovery.
2. $3,266.77 – Secondary support; if price breaks below, further downside risk is likely.
📈 Resistance Levels:
1. $3,364.51 – Immediate resistance; a breakout above this level could push the price toward higher targets.
2. $3,419.85 – Next resistance; watch for bullish momentum if ETH breaks above this point.
3. $3,546.66 – Upper target; if ETH recovers, this is a key level to retest for a potential move higher.
What’s Next?
Bearish Scenario: If $ETH fails to hold above $3,280.10, expect a drop towards $3,266.77.
Bullish Scenario: A break above $3,364.51 could trigger a move to $3,419.85 and eventually $3,546.66.
📌 Note: Keep a close eye on these levels, and adjust your strategy accordingly as ETH tests these key points!