$ETH /USDT Trading Signal – Preparing for a Bullish Rebound?
Current Price: $3,644.88 (+0.82%)
24h Range: $3,593.70 - $3,698.04
Volume: 214,032.82 ETH ($779.70M USDT)
Market Analysis
Ethereum is stabilizing around $3,645 after a brief pullback from the $3,700 resistance zone. The $3,600 level is acting as key support, with bullish momentum building for a potential breakout.
Trading Signal
Entry Range: $3,640 - $3,670
Target Levels:
Target 1: $3,680 (Near-term resistance)
Target 2: $3,700 (Breakout level)
Target 3: $3,750 (Upside swing target)
Stop Loss: $3,580 (Below recent support)
Observations
Consistent buying interest near $3,600 suggests bulls are defending this level.
Watch for a breakout above $3,700 to confirm upward momentum.
Strong volume indicates traders are eyeing the next leg up.
Action Plan
Consider booking partial profits near $3,680 and $3,700. Adjust your stop loss as price moves in your favor to lock in gains.