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Ethereum is holding strong near 2,988 after a sharp rebound from the 2,936 low. Buyers defended the intraday demand zone and price is now grinding higher while consolidating just below the key 3,000 psychological level. On the 15m chart, higher lows are forming — quiet accumulation is underway despite low volatility.
Supertrend is sitting around 2,992 and ETH is battling this level. A clean reclaim and hold above it flips momentum bullish.
Key levels: Support: 2,970 then 2,936
Resistance: 3,000 then 3,020
Volume remains steady, MACD is stabilizing, and compression is tightening. A breakout above 3,000 can trigger a fast expansion toward 3,020–3,050. If support breaks, expect a quick liquidity sweep before continuation.
This range is nearing its end. Stay sharp