🚨 $ETH /USDT Market Update: Ethereum Faces a Pullback! 🚨
Ethereum is under pressure, dropping -8.92% to $3,345.08, but this correction could be the setup for the next big move. Let’s break it down:
🔍 Key Price Levels:
📉 24H Low: $3,326.80 – A crucial level for bulls to defend.
📈 24H High: $3,720.00 – Resistance that needs to be reclaimed.
📊 Current Price: $3,345.08 – Testing key support zones.
🔥 Market Sentiment:
With $3.88B in USDT trading volume, ETH remains a top player despite today’s losses.
Long-term momentum stays intact with +31.56% gains over the last 90 days.
💡 What’s Next for Ethereum?
1️⃣ Support Zone: $3,320–$3,300 – A break below could open the door to $3,200.
2️⃣ Resistance Levels: $3,400–$3,450 – A reclaim here would signal bullish recovery.
3️⃣ Recovery Target: $3,600+ if momentum returns in the next 24–48 hours.
🔑 Trading Strategies:
✅ Accumulate on Dips: Long-term holders can see this pullback as a buying opportunity.
✅ Short-Term Traders: Look for bounces above $3,350 with tight stop-losses.
✅ Risk Management: Protect your positions with stops below $3,300.
Will $ETH bounce back stronger or continue consolidating? Drop your insights and targets in the comments below! 🚀
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