$ETH /USDT is showing real strength right now. Price is trading around 3,032 after a clean bounce from the 2,986 support zone, printing a strong recovery structure on the 15m chart. Bulls stepped in aggressively from the lows and pushed ETH back above the key psychological 3,000 level, flipping short-term momentum bullish.
The moving averages are aligned in favor of buyers. MA7 is holding above MA25, and price is comfortably trading above MA99 near 2,990, confirming that buyers are still in control as long as ETH stays above the 3,000–2,990 support band. Volume expanded on the upside, showing real participation, not a weak bounce.
On the upside, immediate resistance sits around 3,045–3,050. A clean break and hold above this zone can open the door toward the next expansion area around 3,080 and 3,120. If momentum accelerates, ETH could attempt a stronger continuation leg.
On the downside, any pullback toward 3,015–3,000 would be considered healthy as long as buyers defend this area. A loss of 2,990 would weaken the structure and could drag price back toward 2,960–2,940, where stronger demand is expected again.
Overall sentiment is cautiously bullish. ETH is recovering well, structure favors higher prices, but resistance is close. Volatility is rising, and the next move will likely be decisive. Traders should stay sharp, respect key levels, and let the market confirm the next direction.
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