🚀 $ETH/USDT Trading Signal 🚀

🚀 $ETH/USDT Trading Signal 🚀
$3,290.21
-0.97%

💡 Signal Type: Consolidation with Downside Bias

📊 Timeframe: 4H Chart $ETH

🔑 Key Levels to Watch:

Support: $3,250 – A critical level to prevent further declines.

Resistance: $3,350 – A breakout here could reverse the bearish sentiment.

🎯 Trade Setup:

Entry Zone: $3,270 - $3,300

Take Profit Levels (TP):
1️⃣ TP1: $3,350 (+1.8%)
2️⃣ TP2: $3,400 (+3.3%)
3️⃣ TP3: $3,500 (+6.4%)

Stop Loss (SL): $3,200 (-2.7%)

📝 Market Insight:
Ethereum is trading slightly lower at $3,290.21 with a 0.97% decline in the last 24 hours. The price hovers near the support level at $3,250, suggesting cautious market sentiment. A breakout above $3,350 could trigger a recovery toward higher targets, while breaking below $3,250 may accelerate losses.

💡 Strategy Recommendation:

Enter positions near $3,270 - $3,300, securing partial profits at each target.

Use a trailing stop-loss strategy once TP1 is achieved to minimize risks.

📢 Pro Tip: Keep an eye on trading volume and RSI indicators for signs of momentum shifts. An uptick in volume around $3,350 could signal a breakout. Stay vigilant and trade responsibly!