$ETH /USDT Trading Signal – Testing Key Resistance Levels
Entry Zone: $3,580 - $3,600
Target Levels:
Target 1: $3,630 (Immediate resistance level)
Target 2: $3,700 (Short-term bullish continuation)
Target 3: $3,800 (Bullish extension target)
Stop Loss: $3,500 (Below key support level)
Market Insight
ETH/USDT is showing strong bullish momentum, gaining over 4% in the last 24 hours and currently testing resistance at $3,630. A breakout above this level could drive prices toward $3,700 and potentially $3,800 in the short term. With consistent buying volume and a favorable market structure, the current trend remains bullish.
Pro Tips
1. Take partial profits at $3,630 and adjust your stop-loss to breakeven to minimize risk.
2. Monitor the $3,700 level closely for confirmation of sustained bullish momentum.
3. Maintain strict risk management and exit the trade if support at $3,500 is breached.
This setup offers a strong risk-to-reward ratio, making it ideal for breakout traders aiming to capitalize on Ethereum’s continued upward momentum.
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