Ethereum is currently trading around **$2,993**, posting a solid **+3.2% intraday move**. On the **15-minute timeframe**, $ETH shows a clear **recovery structure** after a brief dip, followed by a strong push back toward the **$3,000 psychological level**.
🔹 **Key Observations:**
* Price is holding **above the MA60 (~$2,962)**, signaling short-term bullish strength
* Higher lows are forming, suggesting **buyers are stepping in on dips**
* Volume spiked during the breakout, confirming **real participation**, not just a weak bounce
* ETH is consolidating just below **$3,000 resistance**, which often precedes expansion moves
📈 **Bias:** Cautiously bullish
As long as $ETH holds above the **$2,960–2,970 support zone**, momentum favors a continuation toward **$3,020+**. A clean break above $3K could accelerate upside, while loss of support may invite short-term consolidation.
Market structure remains constructive — **buyers are in control for now**.
Trade $ETH here 👇
