đš $ETH /USDT Price Update âĄ
Ethereum is currently trading at $2,410.69, experiencing a +0.75% increase in the last 24 hours. With a 24h high of $2,421.36 and a low of $2,330.66, $ETH is showing signs of recovery and strength after recent volatility. Trading volume is robust, with 249,828.65 ETH and 595.29M USDT being exchanged over the past day, reflecting strong market activity.
Ethereum is currently hovering around key moving averages (MA7: $2,397.08, MA25: $2,390.47, MA99: $2,427.87), with the MA99 acting as potential resistance. A breakout above this resistance level could push Ethereum into a stronger bullish trend. The recent bounce from $2,330.66 indicates renewed buying interest, but traders should watch key levels closely for confirmation of further moves.
đ Long Trade Setup: If $ETH breaks above $2,421.36, potential targets are: đŻ TP1: $2,450 đŻ TP2: $2,472.08 đŻ TP3: $2,500
đ Short Trade Setup: If Ethereum drops below $2,330.66, it could face increased selling pressure, with $2,300 as a potential downside target.
Keep an eye on these crucial levels as Ethereum could be gearing up for its next big move.
