š $ETH /USD: TESTING KEY LEVELS ā POTENTIAL FOR A BREAKOUT OR PULLBACK! ā”
The $ETH /USD pair is currently trading at $3,336, holding steady near crucial support and resistance levels. Traders should be on the lookout for a breakout or retracement as price action develops.
š Trade Scenarios:
Entry Point: $3,336
Take Profit (TP) 1: $3,400
Take Profit (TP) 2: $3,450
Take Profit (TP 3): $3,500
Stop Loss (SL): $3,250
Support is at $3,250, while resistance lies at $3,400. A breakout above $3,400 could signal further bullish momentum, targeting $3,450 and $3,500. However, a drop below $3,250 could lead to bearish pressure and a potential retracement.
š Market Outlook:
ETH is currently testing resistance at $3,400. If price breaks above this level, expect a potential move toward $3,450 and $3,500. Failure to maintain support at $3,250 could lead to a downward pullback.
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