#eth #analysis

$ETH /USDT is trading around $2,976, consolidating after a strong impulsive rally into higher-timeframe resistance. Immediate support is located at $2,900–$2,930, where prior breakout structure and demand are aligned. A deeper support zone near $2,820–$2,850 represents a logical stop-loss area if price loses structure. On the upside, resistance sits at $3,050–$3,100, and a confirmed breakout above this range could open upside toward $3,250, followed by $3,400 if momentum expands. Overall structure remains neutral-to-bullish while ETH holds above support, with continuation dependent on acceptance above resistance. This assessment is purely technical and not financial advice.

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