Ethereum ($ETH) has been showing some serious volatility, but the charts are giving us clear signals on where it could head next.

🔎 Current Snapshot

  • Price Range: ETH is trading between $2,950 – $3,150, consolidating after recent market swings.

  • Trend: Still in a mid-term bullish channel as long as ETH holds above $2,900 support.

  • Momentum: Buyers are stepping in on dips, but sellers are defending the $3,200 zone.

📊 Key Levels to Watch

  • Immediate Support: $2,900 – $2,950

  • Major Resistance: $3,200 – $3,250

  • Breakout Target: If ETH clears $3,250 with volume, next stop could be $3,500+.

  • Risk Zone: A breakdown below $2,900 may open doors toward $2,750.

🚀 Trading Outlook

  • Bullish Scenario: Holders should watch for a breakout above $3,200 → targeting $3,500.

  • Bearish Scenario: If $2,900 fails, short-term traders may look for entries around $2,750.

  • Neutral Play: Range traders can play the $2,950 – $3,200 box until a breakout confirms.

✅ Bottom Line

Ethereum is at a make-or-break point. A strong breakout could fuel the next rally, while failure to hold support might bring short-term pain. Either way, volatility = opportunity for sharp traders.

$ETH

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