$ETH /USDT Technical Analysis & Market Update

Current Price: $2,767.92 (+3.70%)

Ethereum is showing a bullish trend, currently trading at $2,767.92, with a 3.70% increase. The moving averages indicate strong upward momentum.

Resistance: The immediate resistance level is at $2,799.13. A break above this level could push the price towards $2,850.

Support: Immediate support is found at $2,753.30. A dip below this level might trigger a pullback to $2,700.

Long Trade: Consider entering above $2,799.13 with targets at $2,850 and $2,900.

Short Trade: Consider entering below $2,753.30 with targets at $2,700 and $2,650.

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