$ETH

/USDT Technical Analysis & Trade Signals

Current Price: $3,888.21

24h High: $3,946.37

24h Low: $3,846.30

24h Change: -0.25%

Technical Indicators:

Support Level (SAR): $3,867.27

Resistance Level: $3,945.00

Moving Averages:

MA(5): $2,301.36 (indicating a strong trend reversal)

MA(10): $2,370.30

Trade Momentum:

Current Momentum: Neutral to Slight Bearish, based on recent minor pullbacks.

Price Action: The price is hovering around key support ($3,867.27) and resistance ($3,945.00), indicating consolidation with potential for breakout in either direction.

Trade Targets 🎯:

1. Target 1: $3,945.00 (Resistance) – Watch for a breakout to confirm bullish momentum.

2. Target 2: $3,890.00 – A small resistance level that could offer a short-term rebound.

3. Target 3: $3,850.00 (Support) – If the price breaks below $3,867.27, target a deeper pullback.

Trade Signal:

Buy Signal: If the price breaks and sustains above $3,945.00, consider a long position.

Sell Signal: If the price drops below $3,850.00 and holds, consider a short position.

#MicroStrategyJoinsNasdaq100 #BinanceLaunchpoolVANA #SuiHitsNewATH #CryptoUsersHit18M