$ETH is currently trading at an exciting level for traders. The $3,000 support zone is holding strong, and upward momentum hints at a potential breakout toward the $3,400–$3,500 range. The RSI indicator is recovering from oversold territory, and the MACD shows a slight bullish divergence. A daily close above $3,200 could confirm a new uptrend in the short term. However, if the key support at $3,000 breaks, a correction toward $2,850 may follow. Using a stop-loss strategy is crucial when trading in these conditions!