$ETH is trading around $2,990–$3,040, holding above a key support zone near $2,900 — a positive technical sign suggesting the recent dip might be stabilising. (Brave New Coin)
🔎 Technical & Sentiment Overview
Price recently rebounded from a swing low, prompting some analysts to view the move as a potential bullish reversal. (TradingView)
According to some forecasts, ETH could rise toward $3,300–$3,400 if momentum continues. (CoinCodex)
But there remain risks: macroeconomic uncertainty, crypto-market volatility, and potential technical resistance near $3,400–$3,500. (WEEX)
💡 What to Watch
A clear breakout above the $3,400 resistance could open path toward higher targets.
If support around $2,900 fails, ETH may revisit lower levels near $2,800–$2,900.
Broader market sentiment (e.g. macroeconomic news, regulatory developments) and on-chain activity may sway ETH’s direction.
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