🚨 $ETH /USDT Surges to $3,422: Breakout or Retracement Ahead? 🚨

Ethereum ($ETH) is trading at $3,422.64, posting a solid 3.97% gain in the past 24 hours. With bullish momentum building, ETH is nearing critical levels that could define its next big move.

Targets for the Upside:

1. $3,467 – Immediate resistance; a breakout here could fuel rapid gains.

2. $3,550 – Key resistance zone and potential rally point.

3. $3,650 – Major psychological level for further upward momentum.

Support Levels to Watch:

$3,300 – Strong support zone to maintain bullish sentiment.

$3,260 – Critical level; a breakdown could signal a deeper correction.

Trade Setup:

Long Entry: Above $3,467 with targets at $3,550 and $3,650.

Short Entry: Below $3,300 with a potential retracement to $3,260.

Stop-loss: Set below $3,260 for risk management.

⚠️ Market Insight: Rising volume suggests increased buying interest. Watch for a confirmed breakout above resistance or a pullback to support for optimal entries.

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