ETHUSDT: What should be traded and note?
The ETH/USDT chart suggests a possible bearish move:
Resistance: Around $2,462, price may test this level but face rejection.
Support: The support zone is at $2,420, where the price could potentially fall.
Trading Plan: Short near $2,462 if rejection occurs, targeting the $2,420 support. Place a stop loss above $2,500 for safety.
This is a straightforward approach based on current chart patterns and key levels.
Resistance: Around $2,462, price may test this level but face rejection.
Support: The support zone is at $2,420, where the price could potentially fall.
Trading Plan: Short near $2,462 if rejection occurs, targeting the $2,420 support. Place a stop loss above $2,500 for safety.
This is a straightforward approach based on current chart patterns and key levels.
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