Slow and Steady Wins The Race ... $ETH continue it's rise slowly ... Soon will hit back $3600 ..
$ETH /USDT: Bullish Momentum Building Up.
ETH is trading at $3,492, showing a steady recovery from a low of $3,101. The coin has broken key resistance levels, indicating strong bullish sentiment in the market.
Key Levels to Watch:
Immediate Resistance: $3,517 – A breakout here could target higher levels around $3,600 and beyond.
Support Level: $3,372 – Holding above this level is crucial to sustain bullish momentum.
Trade Setup:
Entry Point: Around $3,490 for a long position.
Targets:
1. $3,550 (short-term)
2. $3,600 (next target)
Stop-loss: $3,370 to minimize downside risk.
Market Insight:
ETH’s recovery from $3,101 reflects strong buying interest. Watch for rising volumes to confirm a breakout above $3,517, which could trigger further upside momentum.
Pro Tip: Take partial profits at the first target and trail your stop-loss to secure gains. Volatility remains high, so manage your trades carefully.
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