$ETH /USDT Technical Analysis

Current Price: $3,388.71

Trend: Bullish (Short-term uptrend with a +1.08% change)

Key Levels

Resistance Levels:

R1: $3,451.00 (Recent 24h High)

R2: $3,500.00 (Psychological Barrier)

R3: $3,580.00 (Next Major Resistance)

Support Levels:

S1: $3,308.87 (24h Low)

S2: $3,270.00 (Strong Support Zone)

S3: $3,200.00 (Major Support)

Trade Signal 🎯

Momentum: Bullish

Entry Zone: $3,380 - $3,390

Stop Loss: $3,300

Targets:

1. 🎯 Target 1: $3,450 (Short-term Resistance)

2. 🎯 Target 2: $3,500 (Key Psychological Level)

3. 🎯 Target 3: $3,580 (Major Resistance Zone)

Indicators Overview

RSI: 62 (Neutral to Bullish, with room for upward movement)

MACD: Bullish crossover confirmed.

Volume: Increasing volume indicates strong momentum.

Trade Strategy:

If ETH sustains above $3,400 for the next 1-2 hours, momentum may push it toward $3,450.

In case of rejection near $3,450, it’s advisable to wait for a retracement to $3,380 before re-entry.

Keep trailing stop loss to secure profits as price moves toward targets.

#BTCBelow92K #BinanceAlphaAlert #SolvProtocolMegadrop #MicroStrategyStockSale