$ETH The chart shows that the price of ETH/USDT on Binance demonstrates a confident increase, with the current price at 3,795.41 USDT and a daily gain of +6.64%.

Key aspects of the analysis:

1. Trend:

• MA (50): 2,992.08

• MA (200): 2,995.01

The price is above the moving averages (50 and 200), indicating a bullish trend.

2. Volumes:

• High trading volume of 860,841.17 ETH over the last 24 hours indicates significant interest from traders.

3. Resistance and support levels:

• Resistance: 3,853.38 (maximum in 24 hours).

• Support: 3,538.55 (minimum in 24 hours).

4. Order book:

• The ratio of demand (35.57%) to supply (64.43%) shows that currently there are more sellers, which may temporarily limit growth.

Recommendations:

• If the trend continues, a breakout of the resistance level at 3,853.38 could open the way to the next targets around 3,900–4,000.

• If the price starts to decline, the nearest support at the level of 3,540–3,600 will be a key zone for recovery.

• Consider the overall trend of the cryptocurrency market, as the movement of Bitcoin and its dominance significantly affect altcoins.