Ethusdt plunged in the channel, the target to 3,125 USDT
2024-11-14

Ethereum (ETH) is currently showing a significant decrease in a 1 -hour time frame, moving in a discount channel. With the current price of nearly 3,214 USDT, ETH seems to be having difficulty overcoming resistance around this area. If ETH cannot break the resistance threshold of 3,218 USDT, the downtrend may continue and push prices to lower support levels, namely $ 3,125.

Investors should closely monitor ETH's developments in the near future, especially when the price reaches the resistance of the channel. If this trend continues, ETH can decrease further, bringing short -term sales opportunities to short -term trading people.