$ETH is currently trading at $3,434.29, down -5.93% over the past 24 hours, reflecting bearish market sentiment. This decline may be linked to broader market corrections or profit-taking. Key support is identified around $3,350, which could act as a critical buying zone. Resistance is expected near $3,500–$3,550, where a breakout could signal recovery.

Trading Recommendations:

Short-term traders: Monitor the $3,350 support level for potential rebound opportunities. A bounce could target resistance around $3,500–$3,550.

Long-term investors: Consider this dip as an opportunity to accumulate $ETH, given its strong fundamentals and historical resilience.

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Disclaimer: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure the safety of your funds.