Market Analysis of ETHUSDT on Friday 10 May 2024

2024-05-10 18:10Source:BtcDana

ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW     

 ETHUSDT  is running in negative  trend and its immediate  strong resistance are 3002 to 3070 level  .Intraday purpose selling is better with stop loss 3100 level expecting intraday target 3026,3020 and 3000 level respectively.At level of 2937 there is irregular correction formed so it can sharply fall below 2937 level without touch final stop loss 3100 level.

 QUICK FUNDAMENTAL LOOK                                                                     

Ethereum layer 2 blockchain Eclipse founder and CEO Neel Somani says he is “temporarily reducing” his role as a “public face” for the firm as he faces sexual misconduct allegations.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

More