#Ethereum 🔎 What the Chart Shows
- Support Zone ($2,900–$3,000): Buyers are stepping in here to defend against deeper drops.
- Consolidation Zone ($3,100–$3,200): ETH has been hovering around this band, reflecting sideways accumulation.
- Resistance Zone ($3,300–$3,400): Sellers are active, capping upward momentum.
📊 Interpretation
- The candlesticks illustrate short-term pullbacks but continued resilience above $3,000.
- Neutral-to-bullish momentum suggests ETH is coiling for a breakout — either above $3,300 or below $2,900.
- Traders should watch for volume spikes near these zones, as they often precede decisive moves.
This chart gives you a clear visual of Ethereum’s current consolidation phase, helping you spot where patience and discipline matter most. ✅
