$ETH Potential Scenarios
Bullish Scenario:
Breakout Above Resistance: If ETH/USDT surpasses the current high of $3,428 with strong volume, it could trigger further buying momentum. The next resistance level could be around $3,500 or higher.
Bearish Scenario:
Rejection at Resistance: If the price fails to break $3,428, a pullback to the $3,366 (MA25 level) or lower support zones, like $3,330, could occur.
RSI Overbought Signal: The RSI (78.42) suggests overbought conditions. A potential correction might occur as traders take profits.
Key Levels to Watch:
Support: $3,366 (MA25), $3,330
Resistance: $3,428, $3,500
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