$ETH is trading around ~$2,900–$3,000 range as of today, showing muted movement near the psychological $3,000 level.
Recent data shows $ETH prices have bounced slightly after earlier weakness, but broader momentum is still weak.
📊 Technical Signals (Short-Term)
Short-term technical ratings show sell signals prevailing, indicating bearish pressure today.
$ETH has been struggling to reclaim higher resistance, especially above the ~$3,200–$3,300 zone.
If ETH fails to sustain above key moving averages (like 50-day), downside risk toward sub-$3,000 levels remains.
📌 What Traders Are Watching Today
Support Zone: ~$2,900–$3,000 — keeps bulls alive if held.
Resistance Area: ~$3,200–$3,300 — key for any short-term rally.
A break below the $3,000 psychological mark on strong volume could fuel further downside.
💡 Short Bias With Range Play In the very short term, ETH looks neutral-to-slightly bearish unless it reclaims the resistance area decisively. Market sentiment remains cautious with two-way trading likely around current levels.#Ethereum
