ETH/USDT – Short Technical Analysis (1D)

ETH is consolidating around $3,247 after the recent breakout above the descending trendline. Price remains above the middle Bollinger Band (MB: ~$3,062), keeping the short-term bullish structure intact.

The rejection from the upper Bollinger Band (~$3,347) suggests a healthy pullback rather than trend weakness.

Momentum (RSI):

• RSI(6): 61 – bullish momentum

• RSI(12): 56 – positive trend continuation

• RSI(24): 49 – recovery phase still in progress

Volume is stable, indicating controlled consolidation.

Key Levels

• Resistance: $3,300 – $3,350

• Support: $3,060, $2,900, $2,623

Outlook:

As long as ETH holds above $3,060, the bullish structure remains valid. A sustained break above $3,350 could open the path toward the $3,600 area, while losing $3,060 would slow the upside momentum.