$ETH Price: ~$2,951

Trend: Short-term consolidation after a sharp dip

Key Observations:

Rejection near $2,980–3,010

Price failed to hold above this zone → strong intraday resistance.

Strong support at $2,880–2,900

Sharp wick + bounce from ~$2,886 shows buyers defending aggressively.

$ETH Moving Averages (7 / 25 / 99)

All MAs are tightly clustered around ~$2,943–2,945 → compression = volatility incoming.

Market structure:

Lower high formed, but higher low held → range-bound with breakout potential.

Levels to Watch:

Resistance: $2,980 → $3,010

Support: $2,900 → $2,880