#ETH buying time... Must be benefits who buy and Take Long positions at this stage ...
The $ETH /USDT pair is currently trading at $3,685.68, marking a decline of 3.43% in the last 24 hours. The price has ranged between a low of $3,542.22 and a high of $3,907.19 during this period, signaling substantial market activity and volatility. After a sharp dip to its recent low, Ethereum is showing signs of recovery, with buyers stepping in near key support levels to push the price higher.
Traders should watch the critical support at $3,542.22, as holding this level could provide a strong base for further upward movement. On the upside, a decisive break above $3,739.35 could trigger renewed bullish momentum, targeting $3,900 and beyond. Volume trends and market sentiment remain crucial indicators for identifying potential breakout opportunities. This is a pivotal moment for ETH traders to strategize carefully, ensuring tight stop-loss levels to manage risks while capitalizing on any momentum shifts.
