🚀🔥 $ETH /USDT EXPERIENCES SLIGHT DECREASE - CAUTIOUS BEARISH MOMENTUM! 🔥🚀
The $ETH /USDT pair is currently trading at 3,638.00 USDT, reflecting a decrease of 3.54 USDT (-0.10%). The 24-hour high is 3,675.25 USDT, and the 24-hour low is 3,572.42 USDT. The 24-hour trading volume for ETH is 221,514.90, and for USDT, it is 802.91M. The chart displayed is a 15-minute candlestick chart showing recent price movements with green and red candlesticks indicating price increases and decreases, respectively. The latest candlestick shows a price increase of 1.25%.
Trade scenarios:
- Bullish scenario: If the price breaks above the recent high of 3,675.25 USDT, it could target the next resistance level at 3,700.00 USDT.
- Take profit (TP): 3,700.00 USDT
- Stop loss (SL): 3,600.00 USDT
- Bearish scenario: If the price fails to sustain above 3,600.00 USDT and drops below this level, it could test the support level at 3,572.00 USDT.
- Take profit (TP): 3,572.00 USDT
- Stop loss (SL): 3,650.00 USDT
Market outlook:
The current market sentiment for ETH/USDT remains cautiously bearish, with potential for further declines if the downward momentum continues. Traders should monitor key support and resistance levels to make informed decisions.
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