$ETH /USDT Analysis - Pullback or Deeper Correction?

$ETH/USDT is currently trading at $3,265 (-3.77%), pulling back after hitting a high of $3,437.31. The price tested support near $3,224 but is struggling to regain momentum.

Key Levels:

Resistance: $3,366

Support: $3,224

Breakout Zone: Above $3,274 for bullish continuation

Risk of Drop: Below $3,182 could trigger further downside

Observation:

If ETH breaks above $3,274, we may see a push toward $3,366. However, a drop below $3,224 could open the door for deeper correction toward $3,182.

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