ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
ETHUSDT is running in negative trend and its immediate strong resistance are 3024 to 3088 level .Intraday purpose selling is better with stop loss 3100 level expecting intraday target 2925,2900 and 2880 level respectively.At level of 2818 there is double zigzag correction formed so it can sharply below 2818 level .
QUICK FUNDAMENTAL LOOK
The global crypto industry continued its decline on Thursday as Bitcoin (BTC) is struggling to hold the $57,000 price level. The ongoing sell off had already hurt crypto bulls and suggested that there is still more pain left ahead.Crypto longs see heavy liquidations.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.