$ETH /USD: Strong Support at $3407 – Bulls Target Higher Levels

$ETH has recently found support at $3407, holding firm as it consolidates above this key level. The strong support indicates that the bulls are in control, positioning ETH for a potential move higher in the near term.

Key Levels to Watch:

Target 1: $3450 (Immediate Resistance)

Target 2: $3550 (Next Resistance Zone)

Stop-loss: $3375 (Below Support)

If $ETH sustains above $3407, the price could rally towards the $3450 resistance, with further potential to test $3550. A dip below $3375, however, might signal a pullback, providing a re-entry opportunity for traders. Keep an eye on volume to confirm the bullish trend.

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