🚀 $ETH /USDT Analysis

💡 Analysis

ETH/USDT is currently trading at 3671.79 📉, down by 5.22% in the last 24 hours. A strong 24H low was observed at 3542.22 📉, indicating significant selling pressure. Resistance is visible at 3907.19, while support forms near 3542. Buyers showed signs of activity around the support zone, hinting at a potential short-term rebound 📈.

🚹 Signals

Support Zone: 3542.22 📈

Resistance Level: 3907.19 📉

Next Target: 3800 📈

Trend: Bearish with recovery potential above 3800 💡

📈 Trading Strategy

Consider entering near the 3542 support level for a short-term target of 3800. Manage risk with a stop-loss below 3500 🚹. Secure partial profits near 3800 and monitor for a breakout above 3907 for bullish continuation 💡.

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