🚀 $ETH /USDT Technical Analysis – Targets in Focus! 🎯🚀🚀🚀
Ethereum (ETH) is showing significant volatility, creating potential opportunities for traders. Here’s a breakdown of the current situation and possible targets:
📊 Current Data:
Price: $3,280.01
24H High: $3,720.00
24H Low: $3,261.85
24H Volume: 1.22M ETH (~$4.21B)
🔍 Technical Analysis:
After a sharp correction (-10.64% in the last 24 hours), ETH is trading near the key support level of $3,260. Let’s explore potential price movements:
🎯 Targets:
1. Target 1: $3,500 – A minor resistance zone where ETH may stabilize if buying momentum strengthens.
2. Target 2: $3,720 – The 24-hour high and a critical breakout level. A push above this could signal bullish momentum.
3. Target 3: $3,900 – A strong psychological resistance. Breaking this could take ETH to new highs.
📉 Bearish Scenario:
If ETH fails to hold the $3,260 support, the next significant level is around $3,100, where buyers might re-enter.
💡 Insights:
Watch the RSI levels for oversold signals.
Track the overall crypto market sentiment and BTC movements, as they heavily influence ETH.
