technical analysis and trade signal for $ETH /USDT with three target levels and trade momentum:🔥🔥🔥👍💯💯💯💯

Current Price: $4,054.59

24h High: $4,055.25

24h Low: $3,844.40

Support Level: $3,984.60 (SAR Level)

Resistance Level: $4,055.25 (Previous 24h High)

Trend: Bullish (with a +3.98% increase in 24h)

Indicators:

Moving Average Convergence Divergence (MACD): The MACD is showing upward momentum, indicating that ETH may continue its bullish trend.

Relative Strength Index (RSI): RSI is around 60, suggesting that ETH is not overbought yet and still has room to move up.

Volume: The volume of 598,554.30 ETH suggests a strong buying interest in the market.

Support/Resistance Levels: Key support at $3,984.60 (SAR) and resistance at $4,055.25.

Trade Signal:

Entry Point: Buy at $4,050 (Close to current price for optimal entry).

Stop Loss: Place a stop loss at $3,980 (just below the SAR level).

Take Profit Targets:

Target 1: $4,200 (First resistance level, strong short-term target).

Target 2: $4,350 (Further resistance in the upward trend).

Target 3: $4,500 (Strong psychological resistance level).

Momentum:

Current Momentum: Bullish, with an uptrend supported by volume and positive price movement.

Trade Duration: Short to medium-term, based on the price action over the next 24-48 hours.

Key Points to Watch:

If ETH breaks above $4,055.25, momentum will likely accelerate towards the next targets.

A drop below $3,984.60 could signal a potential reversal, so keep an eye on this support level.

Keep monitoring RSI and MACD for signs of weakening momentum as the price approaches the resistance levels.

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