$ETH is beginning to stabilize after the recent pullback, with price action around the 2,970 area showing improving structure. The heavy selling pressure has eased, and buyers are actively defending this zone.
One important development is that Ethereum is no longer printing sharp lower lows. Candles are compressing, a behavior that often points to accumulation ahead of a decisive move. Momentum is gradually shifting back toward the bulls.
The main resistance to monitor sits between 3,050 and 3,100. A solid move back above this range could open the door for a stronger upside push. Until that happens, this remains a level-based trade with well-defined risk.
Trade Plan:
Entry: 2,950 – 2,980
TP1: 2,990
TP2: 3,000
TP3: 3,020
Stop-Loss: 2,900
ETH2,980.76+0.12%
$ETH appears to be regaining balance. Let confirmation guide the trade, and always keep risk management front and center.
