$ETH /USDT Market Update 🔍
Ethereum is trading at $3,462.78 (-0.73%), showing signs of consolidation after a rejection near $3,547.95. The price action indicates a potential continuation or reversal, depending on momentum.
Key Levels to Watch:
Resistance: $3,548
Support: $3,432
Trading Strategy:
Bullish Scenario:
Entry: Above $3,550
Target 1: $3,600
Target 2: $3,650
Stop Loss: Below $3,500
Bearish Scenario:
Entry: Below $3,430
Target 1: $3,400
Target 2: $3,350
Stop Loss: Above $3,470
🔔 Wait for volume confirmation before entering trades. Always maintain risk management.