$ETH /USDT โ Short-Term Technical Analysis
Current Price: 3,043.61 USDT
24H Change: +1.55%
24H Range: 2,944 โ 3,060
Timeframes: 15m / 1h / 4h
Market Bias: Bullish โ Momentum Favored
๐ Market Structure
Price is holding above key intraday support at 3,004โ3,023, showing higher lows.
Momentum favors a bullish continuation if resistance near 3,060โ3,060.55 is broken.
Structure suggests healthy consolidation before potential upside.
๐ Key Levels
Resistance Zones
3,055 โ 3,060.55 (Immediate resistance)
3,080 โ 3,100
3,120 โ 3,140 (Next major supply)
Support Zones
3,043 โ 3,023 (Intraday support)
3,004 โ 2,986 (Lower structure support)
2,972 โ 2,944 (Key demand / invalidation zone)
๐ข Bullish Scenario
If ETH breaks above 3,060 with strong volume, expect continuation toward higher targets.
Long Setup:
Entry: 3,035 โ 3,045
Targets:
๐ฏ T1: 3,060
๐ฏ T2: 3,080
๐ฏ T3: 3,100
Stop Loss: 2,972
๐ด Bearish Scenario
Failure to hold 3,023โ3,043 may trigger a pullback toward lower support zones.
Breakdown below 2,944 invalidates bullish structure.
๐ Conclusion
ETH/USDT is showing bullish bias with intraday momentum.
๐ Above 3,060 โ Momentum continuation likely
๐ Below 2,944 โ Trend reversal risk increases
โ ๏ธ Wait for breakout confirmation and manage risk carefully.
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