$ETH /USDT Price Analysis
Ethereum (ETH) has shown a strong upward move, rebounding from the support at $3,216.97 and reaching a high of $3,363.12 before slightly pulling back to $3,349.16, showing a modest increase of 0.11% in the last 24 hours.
Key Levels:
Immediate Resistance: $3,363.12
Target 1: $3,370.43
Target 2: $3,403.00
Support Level: $3,316.84
Stop Loss:
Place a stop loss at $3,300.00 to safeguard against downside risks.
Strategy:
Short-Term Traders: Watch for a breakout above $3,363.12 to target $3,370.43 and $3,403.00.
Swing Traders: As long as ETH stays above $3,316.84, the bullish trend remains intact. Trail your stop loss to secure profits.
Monitor price action closely as Ethereum tests resistance zones. Stick to your trading plan and risk management rules.