$ETH /USDT

Market Insight

$ETH is down ~2%, trading near $2,935, close to its 24h low. This signals short-term weakness, especially after rejection from the $3,010–$3,046 resistance band. A breakdown below $2,917 could open room for further downside, but the current zone may offer a bounce opportunity if buyers step in.

Entry

Buy Zone: $2,905 – $2,935

(Wait for confirmation with a 15m or 1h candle close above $2,935 for a safer long.)

Targets

Target 1: $2,979 – SAR level (short-term resistance)

Target 2: $3,004 – Previous support turned resistance

Target 3: $3,046 – Recent top / major resistance

Stop Loss

$2,880

(Break below this would indicate loss of structure and likely further drop toward $2,839 or lower.)

Key Levels

Support: $2,917 / $2,880 / $2,839

Resistance: $2,979 / $3,004 / $3,046

SAR Level: $2,979.78 – near-term pivot to watch

Breakout Zone: $3,010+

Pro Tip

If ETH starts consolidating above $3,004, look for a breakout scalp toward $3,046+. If $2,917 breaks with volume, flip bias to short for a quick move to $2,880 or $2,839.

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