Target Hit $3690🚀🚀🚀🚀✌️✌️✌️

**ETH/USDT Intraday Analysis: Short-term Opportunities**

Ethereum $ETH is currently trading at **$3,631.74**, up **+1.04%** for the day. The chart shows a consolidation phase after reaching a 24-hour high of **$3,675.25**.

**Key Observations:**
- **Moving Averages:** The price is slightly below the 7-period MA ($3,637.68), indicating minor selling pressure. However, it's supported by the 25-period MA ($3,629.83), suggesting potential sideways movement.
- **MACD:** The negative histogram (-5.08) and a crossover hint at weakening bullish momentum, but buyers could re-enter soon.
- **Volume:** Decreasing volume suggests reduced market activity, signaling a possible breakout.

**Trading Strategy:**
- **Upside Potential:** Watch for a breakout above **$3,637** for a possible rally towards **$3,690**.
- **Downside Risk:** A drop below **$3,629** could push the price towards **$3,600** support.

Intraday traders should stay cautious and monitor volume and MACD signals closely!
#CryptoReboundStrategy #ETH