"ETH/USDT: Key Levels & Entry Strategies Decoded"
🚀 Current Price: $3,421.60 (+2.57%)
🔑 Support: $3,392 (short-term Bollinger Band support)
🔑 Resistance: $3,466 (24h high and key breakout level)
Short-Term Strategy:
Entry Point: $3,410 (on retrace to Bollinger mid-band).
Target: $3,466 - $3,490 (resistance test and breakout zone).
Stop Loss: $3,390 (below Bollinger lower band).
Long-Term Strategy:
Entry Point: $3,400 (trend continuation level).
Target: $3,550 - $3,600 (next resistance from price channels).
Stop Loss: $3,350 (protection from volatility).
💡 Analysis: The Bollinger bands are expanding, signaling strong momentum. A break above $3,466 could initiate a bullish rally. For short trades, watch $3,392 as critical support. Managing risks with tight stop-losses is crucial in current volatility.
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