ETHUSDT POC| .618 Fibonacci| Price Action| Trend

Today’s analysis – ETHUSDT – trading at a very pivot where a bullish expansion is probable,
Points to consider,
- Price Action Corrective
- POC Support
- .618 Fibonacci Pocket Support
- Daily S/R Support

ETHUSDT’s immediate price action is trading at a key support region that is in confluence with the .618 Fibonacci, POC, and the Daily S/R – allowing for a bullish bias.

The immediate objective is the Monthly S/R, exceeding this region will lead to a trend continuation

Overall, in my opinion, ETHUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.

Hope this analysis helps,

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Fundamental AnalysisTechnical IndicatorsLONGPOCpriceactionRelative Strength Index (RSI)shorttradetrendTrend Analysis

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