$ETH $ETH the $ETH /USDT chart with support and resistance levels, and an entry signal:
ETH/USDT Technical Analysis
Current Price: $2,821.70
24h High: $2,880.00
24h Low: $2,608.00
24h Vol(ETH): 729,139.95
24h Vol(USDT): 2.01B
Support and Resistance Levels:
Resistance: $2,906.13 (BOLL Upper Band)
Support: $2,357.59
Entry Signal:
A potential buy entry could be considered around the $2,357.59 support level, with a stop-loss below the recent low of $2,608.00. The target for this trade could be the $2,906.13 resistance level (BOLL Upper Band).
Analysis:
The ETH/USDT pair is currently trading above the $2,357.59 support level, indicating bullish momentum. The price has been consolidating within a range defined by the Bollinger Bands. A break above the upper Bollinger Band ($2,906.13) could signal a continuation of the uptrend. However, a break below the $2,357.59 support level could indicate a potential reversal.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research or consult with a financial advisor before making any investment decisions.#MicrosoftBitcoinRejection #DogeArmyComeBack #EthereumRally #SOLFutureRise #Write2Earn!