$ETH $ETH The $ETH /USDT chart is currently showing a bullish trend, with the price consolidating above the 24-hour low of $2,823.75. The Bollinger Bands are expanding, indicating a period of increased volatility. The 24-hour volume is moderate, suggesting that there is some interest in the market, but not a strong buying or selling pressure.

Support and Resistance Levels

Resistance: The immediate resistance level is at the top of the Bollinger Band, around $3,090.44. If the price breaks above this level, it could signal a stronger bullish trend and potentially lead to a move towards the next resistance level at $3,090.44.

Support: The immediate support level is at the bottom of the Bollinger Band, around $2,390.08. If the price breaks below this level, it could signal a bearish trend and potentially lead to a move towards the next support level at $2,357.59.

Entry Signal

A potential entry signal could be a breakout from the current trading range. If the price breaks above the resistance level of $3,090.44 with strong volume, it could signal a stronger bullish trend and be a good opportunity to buy ETH. Conversely, if the price breaks below the support level of $2,390.08 with strong volume, it could signal a bearish trend and be a good opportunity to sell ETH.#DogeArmyComeBack #BIOProtocol #FedRateStrategy #EthereumRally #Write2Earn!