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Technical Analysis for the ETH/USDT Currency Pair

1. Current Price: 2,606.40 USDT

2. Recent High: 2,638.70 USDT

3. Recent Low: 2,476.03 USDT

4. Candlestick Pattern: Shows an upward movement with positive momentum.

Strategy:

- Entry Trade: You can enter at the 2,600 USDT level to take advantage of the upward trend.

- Stop Loss: It is advisable to set the stop loss at 2,550 USDT to protect capital.

- Profit Target: Aim for 2,700 USDT as the initial target.

Trend:

- Overall Trend: The trend is upward, with signals of continued positive momentum.

- Momentum Indicators: Indicate strength in momentum, enhancing the chances of achieving further gains.

Summary:

- Up or Down: The trend is upward, with the potential to continue rising if resistance levels are surpassed.

- Key Figures:

- Support: 2,476.03 USDT

- Resistance: 2,638.70 USDT

- Stop Loss: 2,550 USDT

- Profit Target: 2,700 USDT

Regularly monitor the market for optimal results.

$ETH