"ETH/USDT: Key Levels & Entry Strategies Decoded"

šŸš€ Current Price: $3,421.60 (+2.57%)

šŸ”‘ Support: $3,392 (short-term Bollinger Band support)

šŸ”‘ Resistance: $3,466 (24h high and key breakout level)

Short-Term Strategy:

Entry Point: $3,410 (on retrace to Bollinger mid-band).

Target: $3,466 - $3,490 (resistance test and breakout zone).

Stop Loss: $3,390 (below Bollinger lower band).

Long-Term Strategy:

Entry Point: $3,400 (trend continuation level).

Target: $3,550 - $3,600 (next resistance from price channels).

Stop Loss: $3,350 (protection from volatility).

šŸ’” Analysis: The Bollinger bands are expanding, signaling strong momentum. A break above $3,466 could initiate a bullish rally. For short trades, watch $3,392 as critical support. Managing risks with tight stop-losses is crucial in current volatility.

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