🚀 $ETH /USDT: Momentum Building – Key Levels to Watch! 🚀

Ethereum ($ETH ) is currently trading at 3,117.50, with a modest gain of 0.51% over the last 24 hours. After hitting a high of 3,219.97, $ETH is showing signs of consolidation, setting the stage for its next move.

Key Levels to Watch:

Target 1: 3,150.00 – A short-term resistance level; breaking this could attract fresh buying interest.

Target 2: 3,230.00 – A critical milestone for further bullish confirmation.

Target 3: 3,300.00 – A major level signaling strong bullish momentum if breached.

Support Zones:

Support 1: 3,090.00 – A key level to maintain to preserve the current bullish structure.

Support 2: 3,015.00 – The last line of defense to prevent further downside movement.

Market Insights:

MA Analysis: ETH is hovering around the 25-day MA (3,142.58) and the 99-day MA (3,145.55), indicating a critical battle between bulls and bears.

Volume Surge: A trading volume of 418,420 ETH underscores significant market activity and interest.

Next Move:

If ETH can reclaim 3,150.00, expect a bullish rally toward 3,230.00 and potentially 3,300.00. However, failure to hold 3,090.00 could see ETH retesting lower supports. Stay vigilant for increased volatility as ETH approaches key levels!

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