ETH/USDT Price Analysis Update
Here’s a quick breakdown of the current Ethereum (ETH) market against USDT, based on the chart:
🔹 Current Price: $3,385.97 (+1.55%)
🔹 24H High/Low: $3,466.99 / $3,260.48
🔹 Key Moving Averages:
• MA(7): $3,420.75
• MA(25): $3,716.23
• MA(99): $2,997.95
📊 Market Observations:
1️⃣ Resistance: Around $3,626, based on previous highs.
2️⃣ Support: Strong base forming near $3,089.
3️⃣ Volume: Current 24H volume shows steady activity with a bid/ask ratio favoring buyers (63.46% bullish).
💡 What’s Next?
• If ETH maintains above the 7-day MA, a bullish breakout could occur soon.
• Watch for RSI and MACD signals for momentum confirmation.
👉 Are you buying, selling, or holding? Share your strategies below!
