đš Market Update: BTC and ETH On the Rise!
Both Bitcoin $BTC and Ethereum (ETH) are showing positive momentum today. BTC/USDT is trading at $59,602.19 , up by +0.35%, while $ETH /USDT is priced at $2,657.44 seeing a notable increase of +1.72% This upward movement suggests potential opportunities for traders.
For BTC/USDT, resistance is at $60,000, and support is at $59,200. A long trade can be considered above $60,000 with targets at $60,800 and $61,500, while a short trade might be viable below $59,200 with targets at $58,600 and $58,000.
For ETH/USDT resistance is at $2,680, and support is at $2,620. Entering a long trade above $2,680 with targets at $2,720 and $2,760 could be profitable, whereas entering a short trade below $2,620 with targets at $2,580 and $2,540 might be a good strategy.
Stay vigilant as the market shifts, and keep an eye on these key levels for profitable trading opportunities. Set your stop-losses appropriately to manage risk effectively.#CryptoTrading #BULLRUN24 #updte #bullishbanter
