$ETH /USDT Technical Analysis & Trade Signal 🎯 | Key Levels to Watch for Profit Potential!

Current Price: 3,383.00 USDT

24h High: 3,700.86 USDT

24h Low: 3,364.85 USDT

Price Change: -7.95%

Market Overview

ETH is currently in a short-term bearish phase, showing a downward movement of 7.95% in the last 24 hours. The price is testing key support at 3,364.85 USDT. A breakout from this zone will be critical for the next move. Let’s analyze key levels to set up profitable trades!

Key Support & Resistance Levels

Support Level 1: 3,364.85 USDT

Support Level 2: 3,300.00 USDT

Resistance Level 1: 3,400.00 USDT

Resistance Level 2: 3,500.00 USDT

Trade Signal 🚀

Long Position: If the price breaks 3,400.00 USDT, a possible trend reversal toward resistance levels could offer a long opportunity.

Short Position: If the price breaks below 3,364.85 USDT, consider opening a short with the next target at 3,300.00 USDT.

Target Levels 🎯

1. Target 1: 3,300.00 USDT – Potential support level if price continues to fall.

2. Target 2: 3,250.00 USDT – A deeper support zone to aim for on a bearish trend.

3. Target 3: 3,150.00 USDT – Major support zone that may provide a strong bounce.

Momentum Indicators 🔥

RSI: Below 50, indicating bearish sentiment. Look for a bounce or continued decline.

MACD: Currently bearish. A MACD cross below the signal line could indicate further downside momentum.

Trade Momentum ⚡

The market is showing bearish momentum, with a drop of 7.95% in the last 24 hours and low trading volume compared to the previous high. Keep an eye on price action, as a strong move either above 3,400.00 USDT or below 3,364.85 USDT will give clarity for the next phase.

#BTC100KTrumpEffect #MicroStrategyAcquiresBTC #BinanceMegadropSolv #BinanceAlphaAlert #TrumpBTCBoomOrBust