$ETH
Ethereum's current price is around $3,626.60, with a 2.17% increase in the last 24 hours.
*Technical Analysis:*
- *Trend:* Ethereum shows a bullish trend with potential for further upside, driven by strong momentum and recent price increases.
- *Support Levels:*
- *Immediate Support:* $3,400-$3,480 (4H demand zone)
- *Stronger Support:* $3,300-$3,360 (Fibonacci golden pocket)
- *Key Support:* $2,290 (weekly close)
- *Resistance Levels:*
- *Immediate Resistance:* $3,675-$3,700
- *Higher Resistance:* $3,850-$4,050, $4,168+
*Trading Setup:*
- *Entry Zone:* Consider buying above $3,580-$3,640 or $3,655-$3,660 with confirmation.
- *Take Profit:*
- *Short-term Targets:* $3,750, $3,850, $4,050
- *Long-term Targets:* $4,430 (in 12-18 months), $4,500-$5,000, $6,000-$8,000
- *Stop Loss:* Set a stop loss below $3,400-$3,480 or $3,290 (weekly close) to limit potential losses ¹ ².
