Ethereum ($ETH /USDT) Market Analysis & Trade Signal

Ethereum ($ETH ) is currently trading at $1,932.10, showing a +1.40% increase in the last 24 hours. The 24-hour high stands at $1,949.03, while the 24-hour low is $1,872.31. Recent price action indicates a recovery from the $1,754.28 support, suggesting a potential reversal from its recent downtrend.

Trading Signal:

Entry: $1,930 - $1,940 (Breakout confirmation)

Target 1: $2,050

Target 2: $2,180

Stop Loss: $1,875

ETH has shown signs of stabilization after a significant downtrend, and if it sustains above $1,930, we may see bullish momentum toward the $2,050-$2,180 resistance zone. A tight stop loss at $1,875 ensures risk management in case of market pullbacks.

Trade wisely and follow market trends!

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ETH
ETH
2,889.72
-2.19%