$ETH Current Trading Strategy
Support and Resistance Levels
Support Levels:
$3,068.42 (immediate).
$3,050.00 (psychological level).
Resistance Levels:
$3,115.00 (short-term resistance).
$3,138.31 (strong resistance).
Bullish Strategy (Breakout)
Entry Point: Enter a long position if ETH/USDT closes above $3,115.00 with strong volume.
Targets:
First Target: $3,138.31.
Second Target: $3,180.00 (next resistance).
Stop Loss: Place a stop loss at $3,068.00 to limit downside risk.
Bearish Strategy (Breakdown)
Entry Point: Enter a short position if ETH/USDT falls below $3,068.00 with a confirmed close.
Targets:
First Target: $3,050.00.
Second Target: $3,020.00 (next support zone).
Stop Loss: Place a stop loss at $3,115.00 to minimize losses.
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