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ETHUSD trades flat with no direction in the past two days. It hit a high of $3617 yesterday and is currently trading around $3532.90.
ETH whales "0x4359." purchased 24044 ETH from Binance in total in the past three days.0xACc7 withdrew 22251 ETH from exchanges yesterday and has withdrawn 33925 ETH from exchanges in the past three days.
The intraday bullishness is possible if it holds above $362\0. On the higher side, the near-term resistance is $3620. Any significant jump above the target is $3700/$3800/$4000. Significant bullish continuation only above $4800.
The immediate support is around $3400. Any breach below $3200 confirms bearish continuation. A dip to $3000/$2700 is possible. A violation below $2700 will drag the Ethereum to $2500/$2300.
It is good to buy on dips around $3400 with SL around $3200 for TP of $4000.
