ETHUSDT perfectly played out my previous trading idea. Price is stabilizing after a sharp sell-off, with price finding support near the psychological 3,000 zone and holding above the rising trendline. The recent drop looks corrective within a broader bullish structure, as higher lows remain intact and buyers continue to absorb selling pressure. Momentum has slowed, but structure suggests accumulation rather than distribution.
If ETH holds above the 3,000–3,050 support band, price could rotate higher toward 3,300, where prior supply and range highs converge. A successful push through that area may reopen the path toward the upper resistance zone.
Primary scenario: support holds → recovery toward 3,300.
Risk scenario: a clean breakdown below 3,000 may expose deeper pullback toward 2,900.
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
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