$ETH
/USDT: Consolidating at Key Levels – Watch for Breakout Above 3,900 🎯
Current Price: 3,869.80 (down -1.87% in 24 hours, slight recovery of +0.20% in the last 15 minutes).
Key Levels:
Support: 3,803.63 (24h Low) – Strong support level; watch for a potential bounce here.
Resistance: 3,984.46 (24h High) – Breakout above this level could signal further upside.
Trade Strategy:
Buy: Consider entering near 3,860 or on a breakout above 3,900 for bullish continuation.
Stop-Loss: Set a stop below 3,800 to protect against downside risks.
Target Keys 🎯:
1. T1: 3,900 – Immediate resistance; consider partial profits if this level is tested.
2. T2: 4,000 – Psychological resistance; potential target if the bullish momentum holds.
3. T3: 4,100 – Next major resistance zone if the trend continues.
Risk Management: Monitor for volume spikes above 3,900 to confirm a breakout and adjust stops below 3,800 for protection.
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