$ETH is showing a cautious recovery on the 1H chart, currently trading around $2,751 after bouncing from its recent lows. Price is sitting just above the short-term MAs (7 & 25), hinting at early bullish momentum, but the larger trend is still capped by the 99MA near $2,900, which remains the major resistance to watch.

If ETH holds above the $2,740–2,750 support zone, it may attempt another push toward $2,780 and $2,820. However, failing to sustain this level could invite sellers back into the market. Overall, the chart shows stabilization, but buyers still need stronger volume to flip the trend fully bullish.