Technical Analysis of $ETH /USDT

Price: $3,134.42 (+0.72% in the last 24h)

Key Metrics:

- 24h High: $3,225.83 | 24h Low: $3,045.58

- 24h Volume (ETH): 189,538.05 | 24h Volume (USDT): $587.03M

Moving Averages (MA):

- MA(7): $3,132.51

- MA(25): $3,100.98

- MA(99): $3,089.58

Market Insights:

- ETH/USDT is currently trading near its 24-hour high, showing a slight increase in price.

- Short-term MA(7) is above both MA(25) and MA(99), indicating bullish sentiment.

Trading Strategy: Consider monitoring price action around support ($3,045.58) and resistance ($3,225.83) levels for potential trading opportunities.

Stay tuned for more updates!

#Write2Earn! #Cryptocurrency #Technicalanalysis