#Ethereum Price Update & Quick Analysis (17 July)
H
$ETH /USDT is currently trading around $3,339, showing a short-term pullback after a strong bullish move. On the 15-minute chart, price is retracing from the recent highs and seems to be heading toward a key demand zone around3,270–3,290 (highlighted in yellow).
If price holds this support, a strong bounce is expected, with a possible bullish move targeting the 3,424 resistance level again. The gray zone around $3,350 will act as a key short-term resistance.
My Plan:
If Ethereum reaches the yellow demand zone, I will *buy again in spot* from there, expecting a potential upward continuation.
Let’s see how the price reacts!