$ETH /USDT Trading Signal – Rebound in Progress?

Entry Range: $3,380 - $3,420

Target 1: $3,560

Target 2: $3,700

Stop Loss: $3,340

Observation:

Ethereum ($ETH/USDT) has faced a significant drop, bottoming near $3,356.31 before stabilizing. The price is now forming a consolidation pattern, suggesting the potential for a rebound. A breakout above $3,420 could lead to bullish momentum targeting $3,560 and $3,700.

Traders can consider entering in the $3,380-$3,420 range, with stops placed below $3,340 to minimize downside risk. Partial profits can be secured at the first target, with further gains anticipated toward $3,700 if momentum sustains.

Hashtags:

#CryptoTrading #Binance #ETHUSDT #Ethereum #TechnicalAnalysis