🚨$ETH ETH/USDT ALERT: Testing Key Levels – Consolidation Phase! 🚨
ETH is trading at $3,098.07, showing marginal upward movement (+0.33%). After a recent high of $3,442.50, Ethereum is oscillating within a tight range, indicating potential for a breakout or breakdown.
🔥 Critical Levels to Watch:
📈 Resistance: $3,150 – A breakout could push ETH toward targets of $3,306 and $3,400.
📉 Support: $3,014 – Losing this level may lead to declines toward $2,993 and $2,900.
💡 Market Insight:
ETH is currently in a consolidation zone, suggesting indecision among traders. A breakout above resistance could signal renewed bullish momentum, while failure to hold support may result in bearish continuation.
⚠️ Trader Tip:
Keep a tight stop-loss below $3,014 for long positions, and consider profit-taking near resistance levels in the current choppy environment.
