$ETH
/USDT Strong Dip Move Confirm 🔥 Watching For Potential Gains 💯 💫
Current Price: 3,231.20 (-0.06%)
24h Range: 3,214.21 - 3,468.98
24h Volume: 614,424.15 ETH ($2.06B USDT)
Key Levels:
Support: 3,215, 3,200
Resistance: 3,250, 3,300
Indicators:
RSI: At 45, near oversold territory, suggesting potential for a bounce.
MACD: Bearish crossover on the 30m chart, indicating continued downward pressure.
Bollinger Bands: Price testing the lower band, signaling a possible reversal or breakdown.
Trade Strategy
Long Setup 🎯
Entry: Above 3,250 (confirmed breakout).
Targets:
1. 3,300
2. 3,350
3. 3,400
Stop-Loss: Below 3,220.
Short Setup 🎯
Entry: Below 3,215 (confirmed breakdown).
Targets:
1. 3,200
2. 3,150
3. 3,100
Stop-Loss: Above 3,240.
Recommendation:
Monitor volume near key levels to confirm breakouts or breakdowns.
Stay cautious of ETH's high volatility and closely watch for trend reversals around psychological levels like 3,200 or 3,300.
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