š $ETH /USDT Technical Analysis
Current Price: $3,462.78
24h High: $3,539.65 | 24h Low: $3,358.19
Ethereum (ETH) is consolidating after a pullback from recent highs, offering potential trading opportunities. Below are the key targets based on current price action:
Target 1: $3,475
The immediate resistance zone. A breakout above this level could signal bullish momentum.
Target 2: $3,500
A critical psychological barrier. If ETH breaks this, it might trigger a strong upward move.
Target 3: $3,540
This marks the 24-hour high. Achieving this level confirms a bullish continuation trend.
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š¹ Key Action Points:
Watch for a breakout above $3,475 for a potential short-term rally.
Secure partial profits at $3,500 and $3,540 for a risk-managed strategy.
Consider stop-loss adjustments below $3,450 to minimize downside risk.
š” Long-Term Outlook: ETH remains a dominant player, and with positive market sentiment, further upside movement could unfold.
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