$ETH
Ethereum is currently going through a normal pullback after a strong upward move that peaked near the 3,447 level. Price is trading around 2,955 after facing selling pressure from higher levels, which shows traders are taking profits, not panic selling. The candles suggest slowing momentum, but the market is still stable and active. This type of movement usually happens when price cools down before choosing the next direction. Overall structure is still healthy because ETH is holding well above its recent major lows.
From a trading view, the key support area lies around 2,900 to 2,850, where buyers are expected to defend strongly. As long as this zone holds, Ethereum can attempt another recovery move. On the upside, the 3,050 to 3,100 area is the first resistance where price may react again. Traders should avoid chasing fast moves and instead focus on buying near support with clear risk limits. Simple planning, patience, and discipline can help traders find safer and more profitable trades in this market phase.