$ETH Technical Update
$ETH /USDT Perpetual is advancing strongly, currently at $3,907 (+5.64%), approaching the key $4,000 resistance. Expect a near-term move up to approximately $3,950 before potential bearish pressure re-emerges.
Trade Considerations:
Quick play: Initiate long positions around current levels for short-term upside.
Larger timeframe: Wait for price to reach $3,950, then consider a short position anticipating a pullback.
The market is gaining momentum; monitor price action closely to time entries effectively.
