🚀 $ETH
/USDT Technical Analysis: 3 Key Targets to Watch! 🚀
Looking at the current market action for ETH/USDT, we are witnessing an intriguing mix of bullish and bearish signals. Let’s dive into the key levels and targets to monitor for potential trades over the coming hours:
1️⃣ Target 1: $3,425 (Current Price Zone)
ETH is currently trading at $3,425.80, maintaining a bullish momentum with a +2.45% increase in the last 24 hours. Watch for price consolidation around this level, as breaking past this could lead to further gains towards the next target.
2️⃣ Target 2: $3,470
The next significant resistance lies around $3,470, where ETH faced a minor pullback earlier. A clean break above this level could signal a continuation of the bullish trend and potentially set ETH up for a breakout move to new highs.
3️⃣ Target 3: $3,500
If bullish momentum prevails, $3,500 will be the next key level to watch. A strong push towards this price could unlock further upside potential, possibly testing historical highs in the near term.
⚠️ Support Levels to watch:
If ETH drops below $3,350, we might see a retracement towards lower support zones, with the $3,300 region being critical for a rebound.
Stay tuned as market dynamics evolve and keep an eye on volume and momentum indicators for confirmation.
Happy trading and remember to manage your risk! 💼📊
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