$ETH

ETH

2,934.57

-6.40%

/USDT is currently trading in a range-bound to mildly bullish structure, where the price is around 3,129.7 and has seen a steady move of +1.09% in the last 24 hours. The price is consolidating near MA(25) 3,112 and MA(99) 3,137, while MA(7) at 3,146 is slightly higher, indicating a short-term consolidation signal. Immediate resistance is in the 3,168–3,178 zone; if this area breaks with strong volume, the next upside could extend towards 3,205–3,250. Support is at 3,092–3,055, while strong demand is present near 3,024. As long as the price holds above 3,090–3,100, the bullish bias will remain intact, but there is also a chance of a short-term pullback or sideways movement near the resistance.