$ETH /USDT Trading Signal - Consolidation Near Key Levels

Market Overview: ETH/USDT is currently trading at $3,379.91, following a rejection from the $3,428.68 level. The price has retraced to test support near $3,350. Short-term consolidation in this range suggests a potential breakout as bulls aim to regain momentum.

Trading Setup:

Entry Zone (Long): $3,370 - $3,390

Targets:

Target 1 (TP1): $3,420

Target 2 (TP2): $3,460

Stop Loss: Below $3,340

Analysis Highlights:

Support Zone: The $3,350 level is acting as strong intraday support.

Resistance: $3,428 needs to be breached for further bullish momentum.

Trend: Maintaining above $3,350 confirms bullish sentiment for a continuation toward $3,460.

Risk Management: Secure partial profits at TP1, and move your stop loss to breakeven once the price exceeds $3,420 to minimize risk.

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