$ETH is pulling back after failing to hold above the 2,780 zone, and the market is showing clear signs of a fight between buyers and sellers. The drop toward 2,720 created a reaction wick, which tells me buyers are still trying to defend this area.

Support sits at 2,720 to 2,705, a zone where $ETH has shown repeated reactions in the past. Resistance is sitting at 2,755 and then 2,784, the same level that rejected price earlier.

If ETH holds this support, here are the key upside targets:

TG1: 2,760

TG2: 2,780

TG3: 2,810

$ETH is showing that even in a dip, momentum can flip quickly if buyers protect their zone.