🚨 $ETH /USD ALERT: Ethereum Testing Key Levels – Big Move Ahead? 🚨
Ethereum is trading at $3,599, showing a -3.26% decline over the last 24 hours. After reaching a high of $3,682, $ETH is now retesting lower support zones. Is this the start of a reversal or a deeper correction?
🎯 Key Levels to Watch:
Resistance 1: $3,641 – A recovery above this could spark bullish momentum.
Resistance 2: $3,682 – Breaking this level might lead $ETH back toward its 24-hour high of $3,760.
Support Zone: $3,554 – Holding this level is crucial to prevent further downside.
💡 Next Targets:
Upside Potential: $3,641, $3,682, and $3,760.
Downside Risk: A breakdown below $3,554 could target $3,500 or lower.
⚠️ Trade Setup:
Long Entry: Enter near $3,600 if ETH stabilizes, targeting $3,641 and $3,682 with a stop loss at $3,550.
Short Entry: If ETH fails to hold support at $3,554, aim for $3,500 or lower with risk management.
Keep an eye on market sentiment and volume as Ethereum tests these critical levels. Are you ready for the next big move?
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