$ETH Ethereum Faces Key Support as Bulls Await a Rebound 💥
Ethereum (ETH) is trading around $3,115, down 0.77% in the last session, after facing rejection near the $3,200 resistance. The price is now approaching a critical support zone between $3,100 and $3,060. A bounce from this level could trigger a fresh push towards $3,180–$3,200. However, a break below $3,060 could open doors for a deeper correction to $2,980. Traders should watch for a bullish reversal candle near $3,060 for a possible long setup.
Trade Setup:
Entry: $3,070
Target: $3,180
Stop Loss: $2,980
