$ETH Ethereum Rejection or Breakout? Key Level in Play

Ethereum is testing the $3,000 resistance after a strong recovery but struggling to break above it. The red line marks a critical rejection zone, with a supply area around $3,020 still holding. If ETH breaks and closes above $3,000 with volume, it could target $3,082.81 next. However, failure here may drag price back to the $2,932 support.

Trade Setup:

Buy on Breakout: Above $3,000

Stop Loss: $2,975

Target 1: $3,020

Target 2: $3,082

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