$ETH /USDT Analysis – Momentum Building $ETH /USDT is trading at $3,393.97, reflecting a 5.81% gain in the past 24 hours. The price is currently retracing slightly after hitting a high of $3,473.75, indicating profit-taking but maintaining a bullish structure.
SOL
3,197.87
+3.82%
Key Levels to Monitor:
Support Levels:
$3,356: Immediate support to watch for holding the current momentum.
$3,289: A critical level; losing this could lead to deeper corrections.
Resistance Levels:
$3,422: Immediate resistance to reclaim.
$3,473: Key breakout level to push higher.
Trade Opportunities:
Bullish Setup:
Entry: Above $3,422 for a breakout play.
Targets: $3,480 and $3,520.
Stop-loss: Below $3,350.
Bearish Setup:
Entry: Below $3,356 for short positions.
Targets: $3,300 and $3,250.
Stop-loss: Above $3,400.
Keep an eye on volume and RSI levels for confirmation of either a sustained rally or further retracement.