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ETHPriceTargets

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TradingSignalhit
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Bearish
🚀 $ETH /USDT Technical Analysis – Key Levels to Watch on Binance! Ethereum ($ETH ) is currently trading at $3,857.13, showing a decline of 1.62% in the past 24 hours. With bearish momentum creeping in, traders are closely monitoring the next critical levels. Let’s analyze the chart and identify potential targets. --- 📋 Market Overview 24H High: $3,946.37 24H Low: $3,846.30 7-Day Change: -4.74% Ethereum is hovering near a key support zone, with its next move likely shaping the short-term trend. --- 🔑 Key Levels and Targets 1️⃣ Target 1: $3,940 (Resistance) A recovery above $3,940 would indicate bullish momentum and could pave the way for further upside movement. 2️⃣ Target 2: $4,000 (Critical Resistance) Breaking this psychological level would confirm a trend reversal and signal strength in Ethereum's upward momentum. 3️⃣ Target 3: $3,800 (Support) If bearish pressure persists, Ethereum could test $3,800 as a strong support level. A breakdown below this could lead to further downside. --- 📈 Indicators in Focus RSI (Relative Strength Index): Currently trending toward oversold territory, suggesting potential for a short-term bounce. Moving Averages: Ethereum is trading below its short-term moving averages, signaling bearish momentum. --- 🛠️ Trading Strategies 🔹 Bullish Scenario: Entry: $3,860–$3,880 Targets: $3,940, $4,000 Stop-Loss: Below $3,800 🔹 Bearish Scenario: Entry: Below $3,840 Targets: $3,800, $3,750 Stop-Loss: Above $3,880 --- 🌟 Final Thoughts Ethereum is at a pivotal level, with key support at $3,800 likely to determine its next move. Traders should stay vigilant, watching for breakouts or breakdowns from current levels to position themselves effectively. 📢 Stay informed and trade smarter with Binance! #Ethereum #ETHPriceTargets #CryptoAnalysis #BinanceTrading #ETH {spot}(ETHUSDT)
🚀 $ETH /USDT Technical Analysis – Key Levels to Watch on Binance!

Ethereum ($ETH ) is currently trading at $3,857.13, showing a decline of 1.62% in the past 24 hours. With bearish momentum creeping in, traders are closely monitoring the next critical levels. Let’s analyze the chart and identify potential targets.

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📋 Market Overview

24H High: $3,946.37

24H Low: $3,846.30

7-Day Change: -4.74%

Ethereum is hovering near a key support zone, with its next move likely shaping the short-term trend.

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🔑 Key Levels and Targets

1️⃣ Target 1: $3,940 (Resistance)

A recovery above $3,940 would indicate bullish momentum and could pave the way for further upside movement.

2️⃣ Target 2: $4,000 (Critical Resistance)

Breaking this psychological level would confirm a trend reversal and signal strength in Ethereum's upward momentum.

3️⃣ Target 3: $3,800 (Support)

If bearish pressure persists, Ethereum could test $3,800 as a strong support level. A breakdown below this could lead to further downside.

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📈 Indicators in Focus

RSI (Relative Strength Index): Currently trending toward oversold territory, suggesting potential for a short-term bounce.

Moving Averages: Ethereum is trading below its short-term moving averages, signaling bearish momentum.

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🛠️ Trading Strategies

🔹 Bullish Scenario:

Entry: $3,860–$3,880

Targets: $3,940, $4,000

Stop-Loss: Below $3,800

🔹 Bearish Scenario:

Entry: Below $3,840

Targets: $3,800, $3,750

Stop-Loss: Above $3,880

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🌟 Final Thoughts

Ethereum is at a pivotal level, with key support at $3,800 likely to determine its next move. Traders should stay vigilant, watching for breakouts or breakdowns from current levels to position themselves effectively.

📢 Stay informed and trade smarter with Binance!

#Ethereum #ETHPriceTargets #CryptoAnalysis #BinanceTrading #ETH
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