🚹 ETH/USDT Analysis #updates 🚀

Current Price: $2551.81

Support: $2530

Resistance: $2570

📊 Strategy Breakdown:

- If ETH holds above the $2530 support level, a potential breakout to $2570 could occur, signaling a long trade opportunity.

- A long entry above $2570 targets $2600 with a stop loss at $2530 for risk management.

- However, if ETH breaks below $2530, a short trade entry could be triggered, aiming for $2500, with a stop loss at $2570.

This setup gives us both bullish and bearish options, depending on how the price reacts at the critical support and resistance zones. Let the market show its hand, and stay ready to act!

#ETHđŸ”„đŸ”„đŸ”„đŸ”„ #FOMC #TerraformLabsBankruptcy #Write2Earn!