$ETH /USDT Trading Signal Analysis

Currently, ETH/USDT is trading at 2,677.01 USDT on the 15-minute chart, indicating a slight upward trend. The resistance level is marked at 2,684.21 USDT, a critical point that could trigger further upward momentum if broken.

On the downside, the support level is around 2,657.44 USDT, which will act as a safeguard against a potential downturn.For this setup, a buying entry around 2,677 USDT is recommended, with modest take-profit targets set at small intervals to lock in potential gains.

The first take-profit (TP1) is at 2,682 USDT, followed by TP2 at 2,688 USDT for cautious gains near the resistance zone, and finally TP3 at 2,693 USDT if the bullish move sustains momentum.

To limit losses, a stop-loss (SL) at 2,655 USDT is advised.Traders should monitor price movements closely, as ETH/USDT's behavior around the resistance and support levels could provide further indications of the next major trend.

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