$ETH $ETH
ETH/USDT Analysis
Support and Resistance Levels
- Support Levels:
- 2436.20 USDT: This is a recent low observed on the chart.
- 2434.02 USDT: Another support level indicated on the chart.
- Resistance Levels:
- 2479.70 USDT: This is a recent high observed on the chart.
- 2481.88 USDT: Another resistance level indicated on the chart.
Entry Signal
- Entry Point: A potential entry point could be around the current price level of 2467.30 USDT, especially if the price breaks above the 50-period EMA at 2469.06 USDT with strong volume.
Stop Loss and Take Profit Levels
- Stop Loss: Set a stop loss slightly below the recent support level, around 2434.02 USDT, to minimize potential losses.
- Take Profit: Set a take profit level near the recent resistance level, around 2479.70 USDT, to secure potential gains.
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