š $ETH /USDT Recovery Momentum Gains Strength! š
Current Price: $3,530.65 (+3.72%)
š Market Insight: Ethereum has rebounded impressively from a recent low of $3,101.90, signaling a potential shift in market sentiment. The current price is approaching a resistance level at $3,540, which, if breached, could pave the way for further upward movement.
š Trading Plan:
Entry Zone: $3,500 - $3,540
Target 1: $3,790
Target 2: $4,100
Target 3: $4,150
Stop Loss: $3,400 (to manage downside risk)
š” Strategy:
Watch for strong buying volume and a breakout above $3,540 for confirmation of the uptrend. Take partial profits at each target level and adjust stop losses to secure gains as ETH moves higher.
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