🚨 $ETH /USDT ALERT: Enter NOW at 3,123.50 – Big Move Ahead! 🚨
Ethereum is currently holding at 3,123.50, showing signs of consolidation after testing a high of 3,224.94. The price is nearing a critical juncture, with the moving averages (MA7, MA25, MA99) closely aligned, indicating a potential breakout or breakdown soon.
🎯 Targets to Watch:
Target 1: 3,167 – A minor resistance level, breaking this could confirm bullish momentum.
Target 2: 3,224 – A retest of the 24-hour high; crossing this could lead to further upside.
Target 3: 3,250 – A breakout beyond this level may open the door for a new bullish leg.
📉 Support Level: 3,100 – Holding above this level is crucial. A breakdown could lead to further downside toward 3,042.
⚠️ Note: Watch the MA levels closely as they converge. A decisive move above or below these levels will set the tone for Ethereum's next trend. Manage risk with tight stop losses and prepare for increased volatility.