$ETH /USDT - Market Update
Current Price: $3,251.26 (-3.16%)
24H High: $3,386.36
24H Low: $3,208.20
Volume (ETH): 530,538.72
Volume (USDT): 1.75B
š Market Overview:
Ethereum is facing a bearish trend, dropping by 3.16% in the last 24 hours. The price recently tested support near $3,208.20 after rejecting the resistance level at $3,415.10. A recovery above $3,300 may hint at a reversal, while continued pressure could lead to further downside.
š Key Observations:
Immediate support: $3,208.20
Resistance levels: $3,288.89 and $3,334.41
Watch for a bounce near the $3,200 range to confirm potential bullish momentum.
š” Trading Tips:
Consider long opportunities if $3,208.20 holds as a strong support level.
A breakout above $3,288.89 could target $3,379.93.
For short-term traders, set stop-losses tightly to mitigate potential losses during volatility.