Technical Analysis: $ETH /USDT

Current Price: $3,064.19 (+2.81%)

24h High: $3,115.20 | 24h Low: $2,971.16

Key Metrics:

- MA(7): $3,068.00

- MA(25): $3,049.78

- MA(99): $3,009.10

Analysis:

- ETH/USDT is currently trading at $3,064.19, showing a gain of 2.81%. It reached a high of $3,115.20 and a low of $2,971.16 in the past 24 hours.

- Moving Averages (MA) indicate a bullish trend, with MA(99) suggesting strong support levels.

Trading Volume:

- ETH: 289,974.94 | USDT: $885.95M

Market Depth:

- Bid: $3,064.19 | Ask: $3,126.46

Conclusion:

Technical indicators highlight ETH/USDT's upward momentum, with potential support around $2,971.16 and resistance near $3,115.20.

Traders may consider opportunities above resistance or strategic entries near support levels for trading decisions.

Stay Informed! Keep track of ETH's movements for trading insights.

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