$ETH
Let's Talk Today about Ethereum / Will there be a break or collapse coming guys?
$ETH is walking a tightrope near $3,482, staying just below the intraday peak of $3,518. After a sharp bounce from $3,458, the momentum is cooling quickly.
🤓 Key Level Analysis for ETH
Resistance: The key level to surpass is $3,516. A breakout above could push the price towards $3,550 and, if the trend continues, to $3,600.
📍Support: Critical support is at $3,458. If this level breaks, the price could fall to $3,420, with a potential drop to $3,380 if selling pressure increases.
🗂️ Trading Strategies:
Bullish Bias:
Entry: Upon closing a 15-minute candle above $3,520.
🥝Target 1: $3,550
🥝Target 2: $3,600
Bearish Bias:
Entry: On a confirmed volume drop below $3,450.
🍒Target 1: $3,420
🍒Target 2: $3,380
The $ETH is ready for a big move. The consolidation has been intense, indicating that a breakout is imminent. It doesn't matter if you're expecting a rise or protecting yourself from a fall, this is a crucial moment. Stay tuned. 🙈🍀✅ #EthereumTurns10 #Write2Earn #Binance #altcoins