$ETH /USDT – Potential Rebound Opportunity! 🚀🔥

Current Price: $3,118.50

24H High: $3,344.88 | 24H Low: $3,020.01

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Market Context

📉 Down 5.77% in the last 24 hours: ETH has experienced a strong correction, hitting a key support zone at $3,020. A potential rebound could be on the horizon!

📊 Technical Indicators:

MACD: Bearish, but showing signs of slowing downward momentum.

Stochastic RSI: Oversold at 24.13, indicating a possible trend reversal.

MA (7 & 25): Price is close to crossing back above moving averages, signaling strength in a recovery.

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Trade Setup

🔑 Key Levels:

Support: $3,020

Resistance: $3,162 | $3,281

💡 Bullish Entry: $3,120–$3,150

🎯 Targets:

T1: $3,250

T2: $3,300

T3: $3,400

⛑️ Stop Loss: $3,000

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Why Buy ETH Now?

1️⃣ Rebound Potential: ETH is sitting at a critical support zone, with momentum indicators hinting at a bounce.

2️⃣ Strong Fundamentals: Ethereum remains a leader in blockchain innovation with upcoming updates supporting network efficiency.

3️⃣ Favorable Market Sentiment: Watch for increasing buy volume as traders eye discounted prices.

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🔔 Pro Tip: Set stop-losses carefully, and adjust them as ETH climbs toward key targets to secure profits.

📩 What’s your ETH strategy? Let me know in the comments!

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