$ETH – Intraday Market Update

ETH
ETHUSDT
3,282.99
-0.60%

ETH is currently consolidating after a pullback, showing early signs of short-term recovery but no confirmed breakout yet.

🔹 Market Structure

Rejection seen near 3,125–3,130 (supply zone)

Strong buyer support held at 3,085–3,090

Higher lows forming , mild bullish bias.

🔹 Key Levels

Support: 3,090 – 3,085

Resistance: 3,115 - 3,130

🔹 Volume Insight

High sell volume during the drop (liquidity grab)

Recovery lacks strong volume ,consolidation phase.

🔹 Scenarios

Bullish: Hold above 3,090 & break 3,115 , targets 3,125–3,140

Bearish: Lose 3,090 ,downside opens to 3,060–3,030

⚠️ Bias: Range-bound , Best for scalpers & breakout traders. Wait for volume + candle confirmation before entries.

#ETH