$ETH

ETH/USDT – Key Levels to Watch for Possible Profits 🎯

Current Price: $3,214.57

The ETH/USDT pair is currently trading at $3,214.57, showing a 4.56% decrease. Let’s take a look at the key levels for a potential trade setup:

Target 1: $3,235.16

A potential rebound could take the price up to $3,235.16, which is the first resistance level to watch. This could be an opportunity to take profits if the price holds.

Target 2: $3,292.52

If ETH pushes higher, the next key resistance is $3,292.52. This level provides another chance to secure profits if the trend continues upward.

Target 3: $3,349.88

For a larger upside target, $3,349.88 serves as the next major resistance. If momentum strengthens, this is the level to target for further gains.

Stop Limit: $3,206.48

Place a stop loss at $3,206.48 to manage risk in case the price breaks below the support and heads lower.

Pro Tip:

Monitor the price action closely, especially around resistance levels. If the price fails to break through $3,235.16, it could indicate a potential reversal. Be ready to adjust your stop loss or exit strategy based on price movement.

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