#ETHUSDT.

$ETH

💎 Ethereum’s Next Move: Opportunity or Trap? Stay Sharp! ⚠️

Hey friends!

The price is stuck in a channel (yellow lines) and looks like it’s getting ready for a breakout. Let me explain it step by step for easy understanding! 😊

What’s Happening?

  1. Falling Channel:

    • ETH is moving inside two yellow lines (a falling channel).

    • It’s now near the bottom, which is a key support area.

  2. Key Levels:

    • Support Levels (blue lines): $3,044 and $3,004.

    • Resistance Levels (red lines): $3,215 and $3,455.

Possible Moves:

  1. Bullish (Price Goes Up):

    • If ETH breaks above the channel, the target could be around $3,455 or even higher at $3,500.

    • TP 1- 3214

    • TP 2 - 3343

    • TP 3 - 3450

  2. Bearish (Price Falls):

    • If ETH drops below $3,044, it might test $3,004 or lower.

What Should You Do?

  • Watch the breakout: If ETH breaks above the yellow lines, it’s a good sign for buyers.

  • Set a Stop Loss: Always protect your trades.

  • Be patient: Let the price confirm its direction before entering.

This is a good time to stay alert, friends. Will ETH break up or down? Let me know your thoughts! 🚀



$ETH

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