š ETH/USDT Analysis - Key Levels to Watch! š„
Current Price: $2618.05
Resistance: $3448
Support: $2111
š What the Charts Are Indicating:
⢠MACD Bearish: Watch out! The MACD is still in bearish territory. Momentum is weak.
⢠Volume Profile: Heavy resistance around $3448ābreaking this could be tough.
⢠Bollinger Bands Squeeze: Volatility is low; a big move could be coming soon!
š Bearish Sentiment:
⢠ETH is struggling below $3000, with $2111 being a crucial support. If this breaks, watch for lower targets.
šÆ Action Plan:
⢠Bearish Outlook: Below $2618 could see ETH retesting $2111. Keep an eye on MACD for any signs of reversal.
⢠Bullish Play: A break above $3448 with strong volume could flip the trend bullish, targeting $3800+.
Stay alertāETH/USDT is at a pivotal point! š
#EthereumETFApprovalExpectations #CryptoAnalysisšššš š #ETHUSDT