$ETH $ETH
ETH/USD Market Update: Ethereum Holds Steady at $3,619 š
Ethereum is showing remarkable resilience, currently trading at $3,619, with bullish sentiment dominating the market. As the second-largest cryptocurrency by market cap, ETH remains a top choice for traders and investors alike.
Key Levels to Monitor:
Support: $3,500 serves as a solid safety net, where buyers have consistently defended.
Resistance: $3,700 is the immediate target, with potential to test $3,800 if momentum strengthens.
Trading Strategy:
Bulls: Look for entries near $3,500, aiming for a breakout above $3,700. Consider trailing stops to lock in gains as ETH pushes higher.
Bears: Watch for rejection at $3,700 to seek short opportunities, but keep tight risk management.
With Ethereum leading innovations in DeFi and NFTs, its fundamentals remain strong. Will we see a push towards $4,000 soon? Stay tuned and trade wisely! š
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