🚀 $ETH /USD: WATCHING FOR A BREAKOUT ABOVE KEY LEVELS! ⚡
The $ETH /USD pair is currently trading at $3,538, consolidating near important support and resistance zones. This could be a critical point for ETH, as a breakout or breakdown from these levels may lead to significant price movement.
📊 Trade Scenarios:
Entry Point: $3,538
Take Profit (TP) 1: $3,600
Take Profit (TP) 2: $3,650
Take Profit (TP) 3: $3,700
Stop Loss (SL): $3,450
Support is found at $3,450, while resistance is at $3,600. A breakout above $3,600 could drive ETH toward $3,650 and $3,700. A drop below $3,450 could signal a bearish retracement.
📉 Market Outlook: ETH/USD is currently testing support at $3,450. If the price holds above this level, a move toward $3,600 and higher targets could be possible. A break below $3,450 may suggest a pullback or downward trend.
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