RONIN_COIN

$ETH is back in a very important price zone, and this level deserves attention. On the chart, Eth has returned to the same area of horizontal support around $2,920–$2,930, where it previously bounced and broke twice with strong momentum. Each time the price entered this zone, buyers aggressively defended it, leading to sharp upward movements.
At this moment, we can see multiple clear rejections from below this level, showing that sellers are losing strength here. The wicks and candle structure suggest strong demand absorption, which is generally what smart money looks for before pushing the price up.
As long as $ETH remains above this support band, the bullish structure remains intact. This zone is acting as a base for accumulation, not for distribution. Sustained holding here could fuel the next leg up towards $2,980 → $3,050+.
If momentum continues to build, this could turn into another classic breakout scenario, similar to the last two moves from this level. Patience is key: $ETH is preparing, not crumbling.
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🫠🫠 should I hold on?