Hi There,
The price of the ETHUSDT has dropped to 3300 and looks set to drop further to around 3100. A possible rebound is expected based on the low point of April 12, 2024, and the key level to watch is 3201.30 for a potential uptrend.
There is a significant bearish trend on the Daily timeframe, and if the price falls below 2958.03 then the setup will be invalid.
Happy Trading,
K.
The price of the ETHUSDT has dropped to 3300 and looks set to drop further to around 3100. A possible rebound is expected based on the low point of April 12, 2024, and the key level to watch is 3201.30 for a potential uptrend.
There is a significant bearish trend on the Daily timeframe, and if the price falls below 2958.03 then the setup will be invalid.
Happy Trading,
K.
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