🚨 $ETH Trading Alert: A Critical Move is Brewing! 🚨
Ethereum ($ETH ) is currently trading at $3,556.35, down slightly by 0.20%, after hitting a 24-hour high of $3,684.92. The chart shows strong bullish momentum but also signals a potential consolidation or retracement.
Key Levels to Watch
Resistance:
$3,684.92 – A breakout here could push ETH toward $3,751.29 and higher levels like $4,000.00.
Support:
$3,529.76 – A failure to hold this level could result in a drop to $3,264.60 or even $2,777.91.
Next Steps for Traders
Bullish Scenario:
Long entry if ETH breaks above $3,684.92, targeting $3,751.29, $4,000.00, and $4,200.00.
Stop Loss: $3,500.00 to manage risk.
Bearish Scenario:
Short entry if ETH falls below $3,529.76, targeting $3,264.60 and $2,777.91.
Stop Loss: $3,600.00 to limit losses.
Market Sentiment
With a 24-hour trading volume of 662K ETH, the market is active, and momentum is building. A decisive move above resistance or below support will likely dictate the next trend.
⚠️ Caution: Use tight risk management and avoid over-leveraging. High volatility is expected in the coming sessions.
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