harecrypta

Ethereum (ETH/USDT) is currently facing strong selling pressure, breaking below critical support levels. This drop could signal further bearish continuation unless immediate recovery occurs. Key levels need to be monitored for a potential reversal or further decline.
Targets
1. Immediate Resistance (Target 1): $3,280.00
Recovery to this level would indicate buyer strength.
Reclaiming this resistance is critical for any bullish momentum.
2. Mid-Term Resistance (Target 2): $3,340.00
A consolidation zone from prior price action.
A break above this level would signal a potential reversal.
3. Extended Bullish Target (Target 3): $3,400.00
A key psychological level for market sentiment.
Risk Management
Support Level: $3,200.00
Holding above this level is crucial. A breakdown could lead to further losses.
Stop-Loss Suggestion: $3,190.00
A stop-loss below $3,200 to limit downside risk.
@renatov.eth

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Blockchain technology will change the world. Crypto currencies are just a tool for that change.
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Overall, this technical analysis looks solid 📊, and the support 💪 and resistance 🚧 levels you've defined are relevant for tracking Ethereum's price movement 🔥. Thank you 🙏, I love it 😍.