$ETH /USDT – Consolidation With Mild Bullish Bias
Momentum Analysis:
ETH/USDT is showing moderate upward pressure after bouncing off the 24h low of 1,954.03 USDT. Volume remains strong at 381,715 ETH, indicating decent participation, while the price is testing key resistance near 1,974.74 USDT. Short-term bullish momentum could continue if ETH clears 1,986–1,994 USDT.
Long Setup:
Entry Zone: 1,960 – 1,975 USDT
Targets:
T1: 1,994 USDT
T2: 2,037 USDT
T3: 2,089 USDT
Stop Loss: 1,940 USDT
Breakout Confirmation Level: 1,986 USDT
Key Support: 1,954 USDT
Pro Tip for Traders:
Watch for strong candle closes above 1,986 USDT with increasing volume to confirm breakout momentum. If price dips below 1,954 USDT, consider tightening stop loss or scaling out.
Trading Data Snapshot:
Current Price: 1,974.74 USDT (+0.67%)
24h High / Low: 2,039.05 / 1,954.03 USDT
24h Volume: 381,715 ETH / 759.57M USDT
Depth Levels:
Resistance: 2,037.74 / 2,089.17 USDT
Support: 1,934.89 / 1,883.45 USDT
Timeframes to Watch: 15m | 1h | 4h | 1D
Hashtags: #ETH #CryptoTrading #DeFi #Layer1