$ETH /USDT Analysis and Target Update

$ETH Current Price: $3,684.74 (+1.59%)

24h High: $3,707.57

24h Low: $3,500.00

24h Volume:

ETH: 740,063.59

USDT: $2.67B

4h Chart Analysis

ETH/USDT is showing steady upward movement, trading near its 24h high at $3,684.74. Momentum indicates bullish sentiment, supported by increased trading volume.

Key Levels to Watch:

Resistance: $3,700.00 – Breaking this could open a path toward $3,800.00.

Support: $3,600.00 – A retest and hold above this level maintain a bullish outlook. Below that, $3,500.00 acts as a crucial support zone.

Targets:

Short-Term Bullish Target: $3,700.00

Extended Bullish Target: $3,800.00

Bearish Pullback Target: $3,600.00

Trend Outlook:

ETH is gaining strength with consistent buying interest. The next resistance at $3,700 is critical; surpassing it could drive ETH toward $3,800. However, traders should monitor $3,600 for any potential pullbacks.

This upward momentum suggests Ethereum is positioned well for further gains, especially if the market sentiment remains bullish.

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