ETH/USDT: The 2560 level is acting as key resistance ā¬ļø after 2420 level. A decisive break above could initiate a move towards 2920 and potentially 3200 šš„.
However, failure to break above 2560 and a subsequent close below it ā¬ļø could signal further bearish momentum, potentially retesting prior support at 2420/2350/2300 š».
Keep a close eye on indicators like RSI and MACD. Expect short-term volatility šš.
Remember to always use stop-loss orders to manage risk ā ļø.
#ETH #Binance #CryptoTrading #TechnicalAnalysis
