Ethereum / TetherUSShort
ETHUSDT today
The ETH/USDT pair appears to be facing resistance around the $3,280 level, as shown in the highlighted resistance zone in orange. After a steady rise, Ethereum is showing signs of a potential pullback, likely influenced by profit-taking and short-term selling pressure.
If the resistance holds, ETH may drop towards the support region around $3,116, as indicated in the blue support zone. This area could offer a potential bounce-back opportunity for buyers if it aligns with broader market conditions. For now, Ethereum's price action seems to be testing the upper limits, with the possibility of a corrective move before any sustained upward push.
If the resistance holds, ETH may drop towards the support region around $3,116, as indicated in the blue support zone. This area could offer a potential bounce-back opportunity for buyers if it aligns with broader market conditions. For now, Ethereum's price action seems to be testing the upper limits, with the possibility of a corrective move before any sustained upward push.
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