$ETH Update Action Ready Short Thrilling

$ETH just faced rejection near the $3039 zone and is showing corrective pressure brushing off bullish continuation for now Short term price action is trapped in a range play with volatility and momentum oscillating around key levels perfect for agile traders

Immediate Levels to Watch

Key Support $2900 critical demand area breaking below increases downside risk

Secondary Support $2850 guard this zone to keep long bias intact breakdown here could amplify selling

Near Term Resistance

$2980 first hurdle for bulls

$3040 major resistance that triggered the recent rejection

Break above these and bullish setups pick up pace

Target Zones If Bulls Restart

TG1 $2980

TG2 $3040

TG3 $3120 breakout continuation zone

Bias

Short term Choppy range lean both ways with confirmations

Long term Still structurally bullish if $2850 holds as a lower support floor macro forecasts show higher price potential over time

Pro Tip Wait for clean breakout confirmations especially above $3040 or a reclaim of $2980 before loading positions Manage risk strictly range plays can whip fast

Ready to ride the next leg🚀