Current price: $3,990.37 (+2.54%)
Max for the day: $4,041.00
Min for the day: $3,677.00
Support levels: $3,900, $3,800, $3,677
Resistance levels: $4,041, $4,100, $4,200
Targets 🎯
1. Target 1: $4,041 (Short-term)
2. Target 2: $4,100 (Medium-term)
3. Target 3: $4,200 (Long-term)
Thoughts: there is a high probability of a pullback, take this into account, and also set a stop loss! Stop loss has not been canceled.
Well, plus minus at the stop loss $3,850 for effective risk management.
Thoughts:
Short-term: Fast (A breakout above $4,041 is possible with strong volume).
Medium-term: Neutral to Fast (Depends on maintaining support level of $3,900).
Long-term: Fast (If the price stays above $4,100 and moves towards $4,200).
Caution: Monitor global market sentiment and Ethereum activity on the network to adjust strategies. Always trade with the right risk-reward ratio.
