$ETH /USDT Trading Signal – Testing Key Support at $3,050

Ethereum (ETH) is currently trading at $3,084.49, reflecting a sharp 5.14% decline in the last 24 hours. After reaching a peak of $3,437.31, ETH faced intense selling pressure, breaking below multiple support zones. The 24h low at $3,050.64 is now acting as critical support, and price action around this level will be pivotal for the next move.

Short Entry:

Entry Zone: $3,100 - $3,120

Target 1: $3,050

Target 2: $3,000

Stop Loss: $3,150

Long Entry:

Entry Zone: $3,050 - $3,080 (if support holds)

Target 1: $3,150

Target 2: $3,200

Stop Loss: $3,020

Market Insight:

ETH is hovering just above the $3,050 support level. A decisive breakdown below this could trigger further downside towards $3,000. However, if bulls manage to defend this zone, a recovery towards $3,150 is possible. Watch for volume spikes around $3,050 for potential reversal signals.

Pro Tip: Monitor for bullish divergence on shorter timeframes near $3,050 to confirm potential long setups.

#Ethereum #CryptoTrading #Binance #USTariffs #BitcoinReserveWave