ETH/USDT Potential Bullish Surge! 🚀 👀 Ethereum Today Analysis

29 בספט׳ 2023

💎 Yello Paradisers! It’s time to delve into Ethereum! We’ve noticed it’s trading within a channel and is gearing up for a bullish move.

💎 Upon close observation, we’ve discerned a shift from demand to supply in ETHUSDT, causing the price to experience a notable downward move and hit channel support. After bouncing back from channel support, this asset is regaining bullish momentum, aiming to overcome the supply zone. Intriguingly, if it surpasses channel resistance, we could witness a bullish surge to the Extreme OB level.

💎 Additionally, it’s crucial to note that if the price breaks the 1597.7 level, it’s highly likely to retest the bullish OB level.

💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!