ETH Trade Setup: $3,000 Support Holds
Ethereum is showing a clear shift in short-term momentum as buying pressure absorbs sell flow around the $3,000 level. The defense at $3,013 signals a potential reversal from the recent correction.
Technical Outlook:
• Trend: Recovery / Early Reversal
• Key Support: $3,000 acting as a firm floor
• Order Flow: Seller exhaustion with visible bid absorption
Trade Plan:
• Entry: $3,013 – $3,000
• Stop Loss: $2,950
• TP1: $3,120
• TP2: $3,200
Strategy Note:
As long as ETH holds above $3,000, the reversal thesis remains valid with upside targets toward $3,200.
