🚀 $ETH /USD ANALYSIS: BULLISH MOMENTUM AT $3,454—IS $3,500 NEXT? 🚀📈

Ethereum ($ETH /USD) is currently trading at $3,454, showcasing a strong upward trend. With the price approaching the $3,500 resistance, traders are eager to see if Ethereum can sustain its momentum and break higher. Here’s a detailed look at the market setup and trade scenarios.

📈 Market Conditions:

$ETH/USD has been climbing steadily, supported by increased buying pressure and growing adoption across sectors. The 24-hour high of $3,480 and a low of $3,380 highlight a bullish trajectory, with key support levels holding firm at lower zones.

📊 High Probability Trade Scenarios:

Bullish Scenario: A breakout above $3,460 could push Ethereum to test the critical resistance at $3,500.

Take Profit (TP): $3,500

Stop Loss (SL): $3,420

Bearish Scenario: A rejection at $3,460 might lead to a pullback toward support at $3,400.

Take Profit (TP): $3,400

Stop Loss (SL): $3,470

🔑 Key Levels to Watch:

Resistance: $3,460, $3,500

Support: $3,420, $3,400

📈 Market Outlook:

Ethereum’s bullish momentum remains intact as it inches closer to the $3,500 milestone. Traders should monitor volume and market sentiment to confirm a breakout or watch for potential retracements. This level could be a turning point for the next leg up.

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