$ETH /USDT UPDATE

Ethereum is holding firm near 2,988 after a sharp rebound from the 2,936 low. Price respected the intraday demand zone and is now grinding higher while consolidating just below the 3,000 psychological level. The 15m structure shows higher lows forming, signaling buyers are quietly in control despite reduced volatility.

Supertrend is sitting around 2,992 — ETH is fighting this level. A clean reclaim and hold above it flips momentum bullish again.

Key levels

Support: 2,970 then 2,936

Resistance: 3,000 then 3,020

Volume is steady, MACD is stabilizing, and compression is building. A breakout above 3,000 could trigger a fast move toward the 3,020–3,050 zone. If support fails, expect another liquidity sweep before continuation.

This range won’t last long. Stay sharp

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