$ETH /USDT Technical Analysis Update
📊 Current Price: $3,314.67
⏫ 24H High: $3,403.00
⏬ 24H Low: $3,216.97
---
🔍 Key Levels and Targets:
1. Target 1: $3,350 (Immediate Resistance)
Action: Price could face resistance near this level. Consider taking partial profits.
2. Target 2: $3,420
Potential Breakout Zone: If $3,350 is broken with strong volume, the next level is $3,420.
3. Target 3: $3,500
Long-term Target: A confirmed breakout above $3,420 could pave the way for ETH to test $3,500, a significant psychological level.
---
📈 Trend Analysis:
Short-term: ETH is showing recovery signs after recent consolidation.
Mid-term: Holding above $3,300 will strengthen the bullish bias; look for higher lows for confirmation.
Long-term: Despite recent corrections, ETH remains on a strong yearly growth trajectory with a 43% gain.
---
🛡️ Risk Management Tips:
Set stop-loss around $3,250 to minimize downside risks.
Monitor volume closely for confirmation of breakout or rejection.
📅 Next Update: Stay tuned for further analysis and adjusted targets.