$ETH /USDT Update – Bullish Recovery

$ETH /USDT is currently trading at $3,421.51, reflecting a +1.56% gain over the last 24 hours. After testing a low of $3,304.63, Ethereum has rebounded strongly, breaking through resistance near $3,413.70 and signaling renewed bullish momentum. The MA(7) crossing above the MA(25) confirms a positive trend shift.

Entry Suggestion:

• Consider entries near $3,400-$3,420 during slight pullbacks.

Targets:

• Short-term Target: $3,450

• Next Target: $3,500

Stop Loss:

• Place a stop loss below $3,380 to mitigate downside risks.

The breakout indicates strong buyer interest, with potential for further upside if Ethereum clears $3,450. Monitor closely for sustained momentum and volume. Trade cautiously and manage risks effectively.

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