🔥 *$ETH

ETHUSDT

Perp

2,963.49

+1.35%

/USDT Pro‑Trader Update* 🔥

*Market Overview*

Ethereum (ETH) is trading at *2,968.34 USDT* with a modest +0.98% gain in the last 24 h. The pair is showing a tight range between the 24 h high of *2,994.00* and low of *2,888.88*. Volume stands at 2.77 M ETH (≈ 8.16 B USDT), indicating decent liquidity for intraday action. The chart shows a descending trendline pressing the price, but moving averages are aligning for a potential bounce.

*Key Support & Resistance*

- *Support*: 2,950 (strong psychological level) → 2,931 (next downside zone).

- *Resistance*: 2,975 (immediate ceiling) → 2,994 (24 h high & breakout target).

*Next Move Expectation*

ETH is testing the lower edge of the trendline. A clean break above *2,975* will trigger a bullish surge; a dip below *2,950* could push it toward *2,931*. Watch the 3‑minute candle close for direction.

*Trade Targets (TG)*

- *TG1*: 2,980 (quick scalp).

- *TG2*: 2,990 (mid‑range profit).

- *TG3*: 3,005 (breakout objective).

*Short‑Term Insight* (next 1–4 h)

The 7‑period MA (2,968.07) is holding as dynamic support. If price stays above it, expect a mini‑rally to *TG1*. Use tight stops below *2,960* to protect against sudden dumps.

*Mid‑Term Insight* (4 h – 1 d)

The 25‑period MA (2,967.16) and 99‑period MA (2,950.71) are converging. A sustained move above *2,975* will shift the bias to bullish for the next day, targeting *3,000+*.

*Pro Tip*

Set a *trailing stop* at 0.5% below each target to lock profits and let winners run. Also, keep an eye on the “Wallet Maintenance” notice – any network congestion can cause slippage, so adjust position size accordingly.