🟣 ETHEREUM (ETH/USDT) – The "big brother" of the ecosystem awakens with strength

📊 1D Chart | Layer 1 / Layer 2 | +3.79%

Ethereum is sounding strong in the market again.

ETH
ETH
2,929.91
-5.18%

After touching $2,623, ETH began a slow but steady recovery process… and today it finally shows a solid candle that confirms bullish intent, positioning itself at $3,135, close to the daily high of $3,145.

The RSI surged to 49.96, pointing directly to the neutral-bullish zone, while the volume supports with healthy expansion.

The MA(44)= 3,371 $ will be the first serious wall… and if it manages to break it, the outlook changes completely for ETH.

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🚀 Areas of interest (professional trading)

🔸 Suggested buying zone: 3,030 – 3,120 $

🔸 Stop Loss: 2,880 $

🔸 TP1: 3,240 – 3,280 $

🔸 TP2: 3,410 – 3,470 $

🔸 TP3: 3,610 – 3,670 $ (breaking the MA44 with strong volume)

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📌 Keys to watch:

Daily close above 3,200 $ = confirmation of strength.

Increasing volume during the breakout = sign of continuity.

If the RSI passes 50, the short-term trend will likely change to bullish.

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🟩 Market Structure

ETH is still below all its important moving averages, but the way it is absorbing the drop is typical of an asset preparing to reverse.

Moreover, the 2,600–2,700 $ zone proved to be real support, with clear rejection and buyers aggressively defending.

As long as the price does not drop below $2,880, the momentum favors continuity.

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⚡ Quick summary:

✔ ETH reacts strongly from $2,623

✔ RSI rises to 50, a sign of real recovery

✔ First target: $3,280

✔ Key point: break $3,370 $ to enter rally mode