$ETH Update 🚨
Ethereum is holding steady with a +0.32% gain, consolidating near the $3,110 support-resistance pivot. Trading at $3,109, ETH is maintaining its position above the critical AVL at $3,108 while facing immediate resistance at $3,180. This shows balanced market sentiment.
Key Technical Levels:
· Critical Pivot: $3,108 - $3,110 (AVL confluence)
· Support Zone: $3,075 - $3,013
· Resistance Target: $3,180 - $3,194
Market Context:
The substantial$1.34B trading volume confirms strong institutional interest at these levels. $ETH ability to hold above the $3,108 AVL indicates underlying strength despite the consolidation.
Short-Term Outlook:
A break above$3,180 could trigger momentum toward $3,194, while a loss of the $3,108 support might lead to a test of $3,075. The current consolidation appears healthy and could precede the next directional move.
