๐ $ETH /USD: TESTING KEY LEVELS โ POTENTIAL FOR A BREAKOUT OR PULLBACK! โก
The $ETH /USD pair is currently trading at $3,336, holding steady near crucial support and resistance levels. Traders should be on the lookout for a breakout or retracement as price action develops.
๐ Trade Scenarios:
Entry Point: $3,336
Take Profit (TP) 1: $3,400
Take Profit (TP) 2: $3,450
Take Profit (TP 3): $3,500
Stop Loss (SL): $3,250
Support is at $3,250, while resistance lies at $3,400. A breakout above $3,400 could signal further bullish momentum, targeting $3,450 and $3,500. However, a drop below $3,250 could lead to bearish pressure and a potential retracement.
๐ Market Outlook:
ETH is currently testing resistance at $3,400. If price breaks above this level, expect a potential move toward $3,450 and $3,500. Failure to maintain support at $3,250 could lead to a downward pullback.
If you found this analysis helpful, donโt forget to like, comment, and follow for more insights. Got a coin pair youโd like reviewed? Drop it in the comments for a detailed analysis! ๐ฌ๐
#USJoblessClaimsDrop #BinanceAlphaAlert #BNBBhutanReserves #AIMarketCapDip #Write2Earn