$ETH /USDT – Layer 1 Momentum Watch 🚀
Momentum Analysis:
ETH is currently trading at $3,287.92 (Rs920,584.72), showing a slight -0.43% decline over 24h. The pair is consolidating within the $3,253 – $3,319 range, indicating short-term support around $3,253 and resistance near $3,320. Volume is healthy at 219,427 ETH / 722.21M USDT, suggesting strong liquidity for potential moves.
Long Setup:
Entry Zone: $3,260 – $3,280
Targets:
T1: $3,320
T2: $3,360
T3: $3,400
Stop Loss: $3,245
Breakout Confirmation Level: $3,320
Key Support: $3,253
Pro Tip for Traders:
ETH is in a mild retracement, so patience is key. Watch for a decisive close above $3,320 to confirm bullish continuation. For intraday scalps, the $3,260–$3,280 zone offers a low-risk entry with tight stops.
Depth Levels:
Buy Side: $3,216 – $3,265
Sell Side: $3,315 – $3,414
Timeframes: 15m | 1h | 4h | 1D
#ETH #CryptoTrading #Layer1 #USDT #Ethereum