$ETH

/USDT Technical Analysis & Trade Signals:

Current Price: $3,368.20

24h Change: -0.81%

Technical Indicators:

Support Levels: $3,340.21, $3,306.60

Resistance Levels: $3,395.73, $3,371.00

Moving Averages (MA):

MA(5): 1,387.99 ETH (short-term bullish)

MA(10): 1,507.60 ETH (neutral)

Momentum Analysis:

The price is currently consolidating around $3,368. The downward pressure is evident as the price is below the resistance level, and the momentum is slightly negative.

Trading Volume: Moderate, with 407.6684 ETH traded recently, indicating a balanced market sentiment.

Trade Signals:

Buy Signal: If the price holds above $3,340 and breaks resistance at $3,371, consider entering long with a target of $3,395.

Target 1: $3,395 (First Resistance)

Target 2: $3,400 (Psychological Level)

Target 3: $3,420 (Extended Resistance)

Sell Signal: If the price drops below $3,340, consider shorting with a target near $3,300.

Target 1: $3,310 (Support)

Target 2: $3,280 (Lower Support)

Target 3: $3,250 (Strong Support)

Trade Momentum:

Bullish Momentum above $3,340 (considering the support at this level).

Bearish Momentum if the price breaks below $3,340 and targets the lower support zones.

Always manage risk and follow the market's fluctuations closely.

#CryptoETFMania #GMTBurnVote #CryptoRegulation2025 #BinanceLabsBacksUsual