🚀 $ETH /USD: BREAKOUT LOOMING NEAR KEY LEVELS! ⚡
The $ETH /USD pair is currently trading at 3673, holding near crucial support and resistance zones. Traders should watch closely as a significant move could be on the horizon.
📊 Trade Scenarios:
Entry Point: 3673
Take Profit (TP) 1: 3720
Take Profit (TP) 2: 3800
Take Profit (TP 3): 3900
Stop Loss (SL): 3600
Support is established at 3600, while resistance stands at 3720. A breakout above 3720 could propel the price higher toward 3800 and 3900. However, a drop below 3600 might indicate a bearish pullback.
📉 Market Outlook:
ETH/USD is trading near strong support at 3600. If the price holds above this level, there’s potential for a bullish rally toward 3720 and beyond. A breakout above 3720 would confirm upward momentum. Conversely, a move below 3600 could lead to further downside.
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