$ETH
/USDT Technical Analysis 🎯
ETH has shown steady upward momentum, currently trading around $2,503.50 with a 1.79% increase. Here’s a quick look at potential target levels for ETH based on recent price action:
1. Target 1: $2,520
First resistance level, representing a minor breakout from the current price. Achieving this would confirm buyer confidence and signal potential for higher movement.
2. Target 2: $2,550
A crucial level where sellers might step in, as this area has seen high volume previously. Reaching this could establish a strong uptrend and further encourage bullish momentum.
3. Target 3: $2,600
Major resistance; a breakout here could signal a significant trend shift. Hitting this target would position ETH for a potential rally to new highs if buying volume supports it.
Current Support: ETH has solid support near $2,455, protecting against downside risk.