$ETH $ETH $ETH

ETH/USDT Technical Analysis: Potential Bounce

Support and Resistance:

* Strong Support: $2,382.59

* Immediate Resistance: $2,461.12 (Current Price)

Entry Strategy:

* Long Position: Dip below the strong support level.

* Stop Loss: Below the recent low.

* Profit Target: Immediate resistance, then adjust as needed.

Overall Outlook: Cautiously Bullish.

Additional Notes:

* ETH/USDT has experienced a recent decline, but the strong support level at $2,382.59 could offer a buying opportunity.

* If the price breaks above the immediate resistance at $2,461.12, it could signal a potential reversal to the upside.

* Keep an eye on the overall market sentiment and any news related to ETH for additional insights.

Disclaimer: This is not financial advice. Do your own research.

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