$ETH /USDT Market Update 📊
Ethereum faced a strong rejection from the $3,056 resistance, followed by a healthy pullback. Price successfully tested and bounced from the $2,908–2,915 support zone, which is a key intraday demand area.
Currently, ETH is consolidating near $2,935, indicating short-term stabilization after the sell-off.
🔹 Key Levels (Confirmed by Chart):
• Support: $2,900 – $2,915 ✅ (wick + close support)
• Immediate Resistance: $2,980 – $3,000
• Major Resistance: $3,050 – $3,060
🔹 Trade Bias:
• Above $2,900: Short-term bullish recovery possible
• Below $2,900 (1H close): Weakness may extend toward $2,860–2,880
🔹 Volume Insight:
Selling volume peaked near the bottom and is now cooling down → sign of selling exhaustion, not panic.
⚠️ Wait for confirmation near resistance before aggressive longs. Risk management is key.
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#ETHUSDT #Ethereum #CryptoTrading #MarketUpdate #Harman
