$ETH /USDT Technical Analysis Overview

Price: $3,101.84 (Up 1.47%)

Trading Data:

- 24h High: $3,129.89

- 24h Low: $3,024.00

- 24h Volume (ETH): 263,580.20 ETH (Approx. $812.62M USDT)

Moving Averages:

- MA(7): $3,099.84

- MA(25): $3,080.03

- MA(99): $3,029.74

Price Levels:

- Resistance: $3,129.89, $3,135.71

- Support: $3,101.84, $3,084.94

Market Insights:

- Trend: Stable with bullish sentiment across 1h, 4h, and 1D charts.

- Volume: Significant trading volume supports current price levels.

Depth Analysis: Indicates strong buy support in the Layer 1 / Layer 2 space.

Conclusion: ETH/USDT demonstrates strong technical indicators, suggesting potential opportunities for traders within the Ethereum ecosystem.

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