🚨 $ETH /USDT pair trading at $3,630.89, showing a 4.69% increase in the past 24 hours. Key highlights include:

1. 24H Range: Price fluctuated between $3,462.87 (low) and $3,644.40 (high), indicating a strong upward momentum.

2. Volume: ETH’s trading volume reached 341,502.16 ETH, equivalent to $1.22B USDT. This high volume signals significant market participation, supporting the upward move.

3. Technical Levels:

Support lies near $3,536.92, which was retested after the breakout.

Resistance at $3,644.40 remains critical; a breakout above this level could propel ETH towards $3,700.

The $3,305.00 level marks a recent low, acting as a critical support if a pullback occurs.

4. Momentum: The one-hour candlesticks show consecutive green candles, confirming bullish sentiment. However, minor rejections near the local high ($3,644.40) suggest profit-taking.

Signal:

Bullish Continuation: Enter long positions above $3,644.40 with targets at $3,700 and $3,750, maintaining a stop loss at $3,536.

Pullback Strategy: If ETH retraces to $3,536, consider accumulating, provided buying pressure remains.

Monitor volume and price action for confirmation before initiating trades.

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