$ETH /USDT – Eyeing a Breakout or Consolidation?
Current Price: $3,237.77 (+2.05%)
24H Range: $3,142.78 - $3,453.69
Volume (24H): 3.72B (USDT)
Trading Strategy:
🚀 Entry Range: $3,230 - $3,250
🎯 Target 1: $3,327
🎯 Target 2: $3,398
📉 Stop Loss: Below $3,130
Market Overview:
Ethereum's price is stabilizing near $3,237 after retracing from $3,453. The price is now testing a critical support zone. If momentum builds, a breakout above $3,256 could pave the way for a bullish run toward $3,398.
Key Levels to Watch:
Resistance Levels: $3,256.53, $3,398.74
Support Zones: $3,130.48, $3,114.31
💡 Pro Tip: Keep an eye on volume as the price approaches $3,256. High buying pressure could confirm a breakout.
📊 Observation: ETH remains bullish above $3,230 but risks a pullback if it breaks below $3,130. Traders are advised to monitor the key support zone for trend validation.
#CryptoTrading #Ethereum #ETHUSDT #Binance