$ETH on the Edge – Will Bulls Hold the Line at $3K?
Ethereum just bounced off key support near $3,020 and is now trading at $3,026. Price action shows hesitation below $3,050, making this zone critical. Eyes are on the next move—rejection or breakout?
Key Levels to Watch
Resistance Zones:
• $3,045 – Local resistance
• $3,060 – Key breakout level
• $3,080 – Recent high
Support Zones:
• $3,020 – Immediate support
• $3,000 – Psychological level
• $2,980 – Breakdown trigger
Trade Setup
Bullish Entry: Break and hold above $3,045
• Target 1: $3,060
• Target 2: $3,080
Bearish Entry: Drop below $3,000
• Target 1: $2,980
• Target 2: $2,950
ETH remains in a short-term range. Breakout above $3,060 could signal a momentum shift. Stay alert for volume confirmation.