$ETH /USDT Technical Analysis: Key Levels to Watch 🎯

As Ethereum (ETH) continues to consolidate, we are observing some key levels that traders should monitor closely. Currently, ETH is trading at $3,322.09, and we expect volatility in the coming hours. Here are the 3 key targets to focus on for potential breakout or reversal opportunities:

1. Target 1: $3,550

This is the 24h high and a strong resistance level. A break above this level could signal further bullish momentum, potentially pushing ETH towards the next major resistance.

2. Target 2: $3,293

This is the 24h low and a critical support level. If ETH falls to this level, it could be a buying opportunity for a bounce back. Watching for a retest here could give traders insight into the market's next direction.

3. Target 3: $3,100

If the price breaks through the support at $3,293, the next possible target is $3,100. This is a deeper level of support, and a dip to this level may offer a solid entry point for those looking to accumulate for the longer term.

🔍 Important Notes:

Volume: A healthy trading volume of 463,720 ETH shows active participation, but the market’s next move depends heavily on price action at these key levels.

24h Change: ETH is currently down by -4.11%, indicating the market is in a slight correction phase.

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