$ETH is trading around 3115.39, showing a healthy +5.41 percent move in the last 24 hours. Buyers are clearly active, and the market has regained strength after a deep dip toward 2716.
Quick Market Snapshot
• 24h High: 3180.51
• 24h Low: 2950.91
• Volume: Very strong, confirming momentum
• Short-term Trend: Bullish
• Medium Trend: Turning bullish
• Long-term Trend: Improving steadily
Price Behaviour
$ETH bounced hard from 2716.04, creating a clean higher-low structure. The bullish wave pushed it all the way to 3240.35, and after correction, price is stabilizing back above key moving averages.
ETH is now trading above the 7 MA, 25 MA, and close to crossing the 99 MA, which is a strong sign of trend reversal.
Support Levels
• 3035.87
• 2920.52
• 2805.17
• 2689.82
Resistance Levels
• 3151.22
• 3240.35
• 3266.57
Why ETH Is Moving Up
• Strong rebound from oversold levels
• Consistent demand on every pullback
• MA alignment shifting bullish
• Buyers defending 3000 zone strongly
• High-volume breakout attempts around resistance
Trend Outlook
$ETH remains bullish as long as it holds above 3035 on the 4h chart.
A clean break above 3151 can push ETH back toward 3240 → 3266.
Trading Idea
Watch for a breakout above 3151.22.
If ETH closes strong above this level, momentum may continue toward 3240 and potentially 3266.
If rejected, look for buying support near 3035 for a safer entry.
ETH is showing strength, structure, and growing confidence. The bulls are slowly building up pressure again — stay focused, this recovery phase can get exciting! 🚀
