ETHUSDT.P 🧐 ETH/USDT is hovering around $1590. The price is attempting to break out of a significant downtrend channel, facing a strong resistance zone. If it can retest the $1800 level, this will be a key indicator for the main trend.
🚀 A close above $1800 could signal the continuation of an uptrend.
On the bearish side, a close below $1480 could indicate an increase in selling pressure.
⚠️ Investors should remain cautious and keep a close eye on market conditions. 📈
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.