$ETH /USDT Technical Analysis & Market Update
Current Price: $2,767.92 (+3.70%)
Ethereum is showing a bullish trend, currently trading at $2,767.92, with a 3.70% increase. The moving averages indicate strong upward momentum.
Resistance: The immediate resistance level is at $2,799.13. A break above this level could push the price towards $2,850.
Support: Immediate support is found at $2,753.30. A dip below this level might trigger a pullback to $2,700.
Long Trade: Consider entering above $2,799.13 with targets at $2,850 and $2,900.
Short Trade: Consider entering below $2,753.30 with targets at $2,700 and $2,650.
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