🚨$ETH /USDT Technical Analysis🚨

📊The $ETH /USDT pair is currently consolidating within a range bound structure. The price has been trading sideways for the past few days, indicating a lack of clear directional bias.

Short-Term Outlook:

📉 Long Entry: Wait for a break above the upper resistance level of 101.50 with a stop loss at 100.00. The initial target is 103.00, followed by 104.50.

📈 Short Entry: Wait for a break below the lower support level of 98.00 with a stop loss at 99.50. The initial target is 96.50, followed by 95.00.

🔑Key Levels to Watch:

* Resistance: 101.50, 103.00, 104.50

* Support: 98.00, 96.50, 95.00

Overall Sentiment:

The overall sentiment for ETH/USDT is neutral. The market is currently indecisive, and further consolidation is expected. Traders should exercise caution and wait for a clear breakout or breakdown before taking any significant positions.

⚠️Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Please do your own research and consult with a financial advisor before making any investment decisions.

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