🔥 $ETH /USDT Technical Outlook – Testing the Final Support Before Reversal! 🔥
#Ethereum is currently trading near 3,740, down 6.33% in the last 24 hours after facing strong rejection from 4,000. The recent decline has pushed ETH to its key support zone at 3,720–3,730, where previous buyers entered. A rebound from this level could trigger short-term recovery, while a breakdown may open the door to deeper losses toward 3,650.
📊 Support Levels: 3,720 / 3,650
📊 Resistance Levels: 3,800 / 3,850 / 3,920
🎯 Short-Term Strategy:
Entry: 3,730 – 3,760 (buy near support)
Targets: 3,800 / 3,850 / 3,900
Stop Loss: 3,700
🚀 Long-Term Strategy:
Entry: Accumulate between 3,650 – 3,720
Targets: 3,950 / 4,000 / 4,080
Stop Loss: 3,580
⚡ Market Insight:
ETH is trading near its lower demand zone after heavy selling pressure. A confirmed bounce above 3,760 could signal early bullish reversal momentum. Traders should monitor volume closely—holding above 3,720 is crucial for trend recovery, while a breakdown could invite another wave of selling.
