$ETH $ETH

Ethereum (ETH/USDT): A Bullish Rally

Ethereum, the second-largest cryptocurrency by market capitalization, is currently trading at $3,142.20, up 5.91% in the last 24 hours. The Ethereum network continues to attract significant attention and investment as it expands its capabilities and use cases.

Support & Resistance:

* Support: $2,953.71 is a key support level. A break below this could signal a potential correction.

* Resistance: $3,157.40 has been acting as strong resistance. Breaking above this level could open the door for a significant rally towards the next resistance level of $3,200.

Entry Strategy:

* Buy the Dip: If Ethereum dips towards $2,953.71, consider buying as a long-term investment. Set a stop-loss below this level.

* Ride the Wave: If Ethereum breaks above $3,157.40, consider a bullish entry. Set a stop-loss below this level.

Remember, do your own research before trading. Cryptocurrencies are highly volatile.

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