🔥 ETH/USDT Market Update: Ethereum Gears Up for Its Next Move 🔥
Ethereum (ETH) is once again in the spotlight as price action shows signs of renewed strength. Currently trading around $3,037, ETH has posted a +2% daily gain, hinting at a potential short-term recovery after recent volatility.
📊 Key Market Highlights
Current Price: $3,037
24H High: $3,060
24H Low: $2,944
Daily Trend: Bullish recovery momentum
🔍 Technical Insight ETH has successfully bounced from the $2,900 support zone, an area where buyers stepped in aggressively. On the daily chart:
Price is moving above the short-term MA, showing early bullish strength
Volume remains steady, suggesting healthy accumulation
Immediate resistance lies near $3,200, while a stronger breakout could target $3,450+
📈 What’s Next for Ethereum? If ETH maintains support above $3,000, we may see:
A push toward $3,200 – $3,300 in the short term
Increased momentum as traders regain confidence
A trend reversal confirmation if higher highs are formed
