📌 Analysis + Trade
📊 Analysis of ETH/USDT Pair
🚀 Current Price: 3,788.41 USDT
🔺 Daily Change: -0.28%
📌 Trade Details:
- Trading Pair: ETH/USDT
- Entry Price: 3,780.00 USDT
- Targets:
🎯 Target 1: 3,820.00 USDT
🎯 Target 2: 3,850.00 USDT
🎯 Target 3: 3,900.00 USDT
🎯 Target 4: 3,950.00 USDT
- Stop Loss: 3,700.00 USDT
🔎 Technical Analysis:
1. General Trend:
- The price is moving in a narrow range with some fluctuations, indicating potential selling pressure.
2. Key Levels:
- Support Level: 3,601.56 USDT.
- Resistance Level: 3,941.00 USDT.
3. Technical Indicators:
- RSI: at 44.06, indicating that the market is in a neutral zone.
- MACD: shows a bearish crossover, reinforcing the current downward trend.
Market Expectations:
- Positive: If the price stabilizes above the support level of 3,601.56 USDT.
- Negative: Breaking the support could lead to further declines.