$ETH

/USDT Technical Analysis: 🚀

Ethereum (ETH) has been gaining momentum, breaking above key resistance levels. Let's dive into the chart and identify potential targets:

Current Price: $3,136.51 (+1.67%)

Support Level: $3,014.50

Resistance Level: $3,200

Targets 🎯:

1. Target 1: $3,250

ETH is eyeing this level, which aligns with the 0.618 Fibonacci retracement. A breakout above $3,200 could push it towards this zone.

2. Target 2: $3,350

If the bullish momentum continues, this target is within reach. It coincides with a major resistance area from previous highs.

3. Target 3: $3,500

A psychological level, likely to act as a magnet if market sentiment remains strong. Breaking this level could signal the start of a new rally.

Key Indicators:

RSI: Currently in the bullish zone, indicating room for upward movement.

MACD: Positive crossover suggests a potential continuation of the uptrend.

Stay cautious of market volatility and always manage risk effectively. ETH could be setting the stage for an exciting run!

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