🚀 $ETH /USDT: Bullish Momentum with Strong Targets Ahead! 🎯

BTC
Created with Highcharts 9.1.1
2,630.75
+1.91%

Current Price: $3,164.99 (+3.10%)

ETH is showing a bullish trend with strong support and resistance levels, making it an exciting setup for potential gains. Let’s dive into the technicals!

🔍 Technical Overview:

Immediate Support: $3,046.68 (24h Low)

Immediate Resistance: $3,239.00 (24h High)

Key Indicators:

RSI: 63 (Neutral to Bullish)

MACD: Bullish crossover, signaling upward momentum

EMA: Above 50 EMA and 200 EMA, confirming the uptrend

⚡ Trade Signal & Momentum:

Current Trend: Bullish

Momentum: Strong buying activity, but keep an eye on potential pullbacks near resistance.

🎯 Target Levels:

Target 1: $3,220

Next resistance level, potential pullback zone.

Target 2: $3,300

Break above resistance could lead to a push higher.

Target 3: $3,400

Extended bullish move possible if momentum holds.

🛑 Stop-Loss Level: $3,050

Protecting against major downside risk.

💡 Strategy:

Buy Signal: Enter around $3,150–$3,160, targeting $3,220 first.

Momentum: Bullish, with key resistance levels to watch.

Risk Management: Tight stop-loss at $3,050 to minimize downside risk.

Conclusion:

ETH is riding a bullish wave with solid targets in sight. A move towards $3,220 looks imminent, but if resistance holds, watch for possible pullbacks.

#DeepSeekImpact #MicroStrategyAcquiresBTC #SOLETFsOnTheHorizon #USConsumerConfidence #JUPBuybacks