ETHUSDT Price Dips, Possible Rebound ExpectedHi 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.