CryptoPAMM

Ethereum (ETHUSDT) Uptrend Acceleration

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Ethereum (ETH) recently experienced a significant bounce off the $3k psychological demand zone. A precise rebound observed at $3054, which coincides with the 161.8% Fibonacci retracement level. Such price action strongly suggests a potential continuation of the long-term uptrend trajectory for ETHUSDT, with a target set at $5238.

Should ETHUSDT reach this price level, investors could potentially enjoy a substantial 71% price increase. As we look ahead, we anticipate an acceleration of the uptrend momentum throughout the week, presenting favorable opportunities for Ethereum traders and investors alike. Stay tuned, we'll keep you updated in our channel.

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