Ethereum (ETHUSDT) :
Key Levels and Next Targets in the Uptrend
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Technical Overview :
Ethereum (ETH) is showing strong momentum in its ongoing uptrend, with price action testing critical resistance levels. The chart highlights potential upside targets and key support zones for future moves.
Key Resistance Levels :
$3,773.54 :
Immediate resistance. A daily close above this level could confirm further bullish momentum.
$4,850.08–$4,868.00 :
Historical highs and a significant psychological barrier. Breaking this zone could trigger a rally.
Fibonacci Extensions :
1.618 level : $6,394.70
2.618 level : $9,015.85
3.618 level : $11,637.01
Key Support Levels :
$3,067.90 :
Crucial support to sustain bullish sentiment.
$2,153.66 :
Strong demand zone to watch in case of a correction.
Potential Scenarios :
Bullish Continuation :
If ETH breaks $3,773.54, it could head towards $4,850 and higher Fibonacci targets.
Bearish Pullback :
Failure to hold $3,067.90 may result in a deeper correction to $2,153.66 before resuming the uptrend.
Pro Tip for Investors :
Consider accumulating ETH near $3,067.90 with stop-loss below $2,150.
Plan partial profits around $4,850 and $6,394 to secure gains while leaving room for upside potential.
Conclusion :
Ethereum’s current trend suggests a bullish outlook, but resistance at $3,773 must be decisively breached. Stay cautious, monitor support levels, and let the price action guide your trades. Patience is key in this high-volatility environment!