📈 ETH/USDT Technical Analysis – Market Opportunities!
Keep an eye on Ethereum (ETH) against USDT! The daily chart shows ETH consolidating around $4,340 after recently testing a local high near $4,788.00.
Moving averages indicate a recovery trend: price remains above the 200-period MA and is currently testing support near the 50-period MA.
Trading volume is strong in recent sessions, suggesting continued buyer interest even after the recent pullback.
Immediate support is around $4,200—a key area to watch for bullish reactions.
Technical Highlights:
Potential for an upward move if resistance at $4,400 is broken.
Watch the volume closely: breakouts accompanied by significant volume are more reliable.
🔔 Stay tuned to ETH/USDT – major moves could be on the horizon! #ETH #Binance #Trading #CryptoAnalysis
