$ETH

šŸšØ ETH/USDT Technical Analysis ā€“ Key Levels and Strategy šŸšØ

Current Price: 3,343.08 šŸ“Š

ETH/USDT is trading at 3,343.08, and here's the outlook for the next move:

šŸ”‘ Support Level: 3,200.00

The 3,200.00 level is a strong support zone where price has previously found stability. A pullback to this level could present a low-risk buying opportunity with the potential for a bounce higher.

šŸš€ Resistance Level: 3,500.00

At 3,500.00, ETH faces significant resistance. A clean breakout above this level could trigger an upward move, with the next target around 3,700.00.

šŸ’” Entry Strategy:

Consider entering long positions near 3,200.00 support, with a stop-loss around 3,150.00.

If 3,500.00 is broken, look for re-entry on the retest for a continuation to the upside.

šŸ’¼ Monitor these critical levels closely for potential trading opportunities!

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