$ETH

/USDT: Eyeing the Next Move 🎯

Ethereum (ETH) is showing an interesting setup for traders! With a current price of $3,100.89, here’s a quick technical analysis highlighting potential targets and key levels to watch:

Technical Overview:

Current Price: $3,100.89

Resistance Levels: $3,160 and $3,250

Support Levels: $3,030 and $2,950

Price Targets:

1. 🎯 Target 1: $3,160

A minor resistance where bulls are expected to push the price. Breaking above this level may attract strong buying pressure.

2. 🎯 Target 2: $3,250

A significant resistance zone. If Ethereum surpasses this level, it could signal a bullish breakout.

3. 🎯 Target 3: $3,400

A psychological level that could turn into a strong rally point if momentum persists.

Indicators to Watch:

RSI: Neutral, suggesting room for upward movement.

Volume: Increasing slightly, signaling growing interest.

Key Insight:

If ETH holds above the $3,030 support zone, it’s likely to test the mentioned targets. However, traders should manage risks and monitor Bitcoin’s influence on the broader market.

What are your thoughts? Will Ethereum hit these targets? Let us know below!

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