#ETHUSDT: First Drop And Then Launch To $5500!
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ETHUSDT we believe the price will initially decline before launching from the $3000 price region. This area appears more promising and could function as a discounted price zone. Three target levels are suggested below:- First target: $4000. This area presents a minor resistance level, and closing 25% of positions is ideal.
- Second target: $4500. This is the second major resistance level, and closing another 25% of positions is recommended.
- Final target: $5500. This is our swing target. If the price reaches this level, it could be a suitable area to initiate a swing sell and the commencement of a major bearish move.
Please share your thoughts.