📈 Ethereum (ETH) Price Analysis – Short-Term
🔹 Current Price:
ETH is currently trading around $2,850 – $2,900.
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🔹 Resistance Levels (Price might face difficulty moving up):
1. $3,000 → First major target (Ideal for profit-taking)
2. $3,100 – $3,200 → Strong resistance zone; price may pull back from here
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🔹 Support Levels (Price may fall to):
1. $2,750 → Weak support
2. $2,600 → If the market drops, ETH might fall to this level
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🎯 Recommended Strategy (For Profit & Risk Protection)
✅ Take Profit Target:
Once ETH hits $3,000 – $3,100, consider converting ETH to USDT.
This range can offer a 5% to 8% profit if bought near $2,850–$2,900.
⛔ Stop-Loss Level:
If ETH falls below $2,750, sell to avoid deeper loss.
Use a price alert or stop-loss order to minimize damage.
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🔔 How to Set Price Alerts (on Binance App):
1. Open the app
2. Search for ETH
3. Tap the 🔔 alarm icon
4. Add two alerts:
$3,000 → Profit alert
$2,750 → Stop-loss alert
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🔄 Simple ETH Trade Plan:
Step Price Action
1️⃣ Around $2,900 ✅ Buy (already done)
2️⃣ $3,000 – $3,100 💰 Sell for profit
3️⃣ Below $2,750 🚨 Sell to avoid loss
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🚀 If ETH Goes Above $3,200?
If ETH crosses $3,200, you could gain up to 10% profit.
However, the market becomes volatile near this zone — consider partial profit-taking for safety.