$ETH /USDT Technical Analysis – Short-Term Overview
Current Price: $2,964.96 ▲1.03%
24H Range: $2,924.54 – $3,057.78
24H Volume: 344,357 ETH / $1.03B USDT
Key Levels:
Resistance: $3,057 – recent 24h high, key breakout zone.
Support: $2,924 – daily low, crucial support for short-term bullishness.
Intraday Pivot Zones: $2,988 – $3,013, minor support/resistance levels to watch.
Trend Analysis:
ETH is showing bullish momentum, trading closer to the upper range of the daily channel.
Breaking above $3,057 with volume confirmation could push ETH toward $3,080–$3,100.
Failure at resistance may trigger a pullback toward $2,964–$2,944.
Volume Insight:
Moderate trading volume, but rising volume near resistance would confirm a potential breakout.
Outlook:
Short-term Bullish: Above $2,988 with momentum.
Short-term Bearish: Rejection at $3,057 could lead to a retracement to $2,944–$2,964.
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$ETH