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ETH/USD Technical Analysis: Key Levels at 3,350.75

As ETH/USD currently trades at 3,350.75, Ethereum is facing a critical juncture that could define its next move. With the price hovering around this level, traders should watch closely for breakouts or pullbacks, as the market tests significant support and resistance zones.

Support & Resistance Levels:

Support: 3,300, 3,250

Resistance: 3,400, 3,500, 3,600

Entry Strategy:

Bullish Scenario: If ETH/USD holds above 3,300 and finds support, consider entering long positions with a target toward 3,400 or even 3,500. Placing a stop just below 3,250 can help manage risk effectively.

Bearish Scenario: A drop below 3,300 could signal a potential short entry, with targets at 3,250 or 3,200. A break below these levels may indicate a deeper correction toward 3,000.

With Ethereum at such a critical level, momentum could shift in either direction. A breakout above resistance could lead to a surge toward 3,500 or higher, while a failure to hold support could trigger a decline. Stay alert and ready to capitalize on the next significant move in ETH/USD.

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