Ether (ETH) Price Action: Support Holding Near $3,000
ETH is showing signs of stabilization after its recent pullback, with buying activity emerging around the $3,000 level. Price behavior near $3,013 suggests momentum may be shifting away from the prior bearish phase.
Technical context:
Trend: Early recovery phase.
Key support: The $3,000 area is acting as a strong base.
Order flow: Selling pressure appears to be easing, with bids supporting price.
Reference levels (educational):
Support zone: $3,000–$3,013
Invalidation area: Below $2,950
Upside reference levels: $3,120 and $3,200
Takeaway:
Holding above $3,000 would help confirm a short-term reversal structure, while a loss of this level would weaken the recovery thesis.
ETH
2,441.52
-9.40%