$ETH Critical Support Range: The previously important support zone of $2,852 - $2,945 has been broken. The current focus is on defending the next lower support levels.
Downside Risk: Failure to reclaim and hold above the $2,945 mark risks confirming a new lower low, which would expose liquidity zones at $2,700 and potentially push the price toward $2,550 or even the major long-term structural support around $2,470.
Resistance:$ETH The immediate overhead resistance levels are at $3,017 and $3,373. Reclaiming these is necessary to signal a temporary trend reversal. $ETH
BULLISH BOUNCE $3,017 - $3,170 ETH successfully defends $2,700 and breaks above the immediate resistance at $3,017, confirming the exhaustion of the current selling wave.
ETH
2,996.33
+2.40%