$ETH

ETHEREUM (ETH) – 1H Chart Update

Ethereum is currently trading in a consolidation zone on the 1-hour chart. The price is moving between support at $2,960 and resistance at $3,050, showing indecision in the market. A breakout above $3,050 with strong volume could push ETH toward the $3,120–$3,150 range. Conversely, a drop below $2,960 may lead to a decline toward $2,880–$2,850.

Keep an eye on volume and RSI signals for confirmation. Intraday traders can consider range-bound strategies, while breakout traders should wait for a confirmed move.

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