The chart shows $ETH /USDT trading at 2,829.23 USDT with a 3.70% drop in the last 24 h.
*Simple technical outlook & trade idea*
1. *Entry target*: around 2,790–2,800 USDT (near the recent support/low).
2. *Close (take‑profit)*: 3,030–3,050 USDT (previous resistance/24 h high).
3. *Stop‑loss*: below 2,750 USDT (break of support).
*Key points to watch*
- The moving averages (MA 7, 25, 99) are sloping down, indicating bearish momentum.
- Volume is high, suggesting strong market participation at current levels.
- A bounce off the 2,790 low could give a short‑term long opportunity.
Need more specific details on your risk tolerance or time frame to fine‑tune the plan? 🧐
