📊 #ETHTrendWatch

Ethereum (ETH) is currently trading in the $2,900–$2,950 range, showing clear signs of consolidation as the market waits for a decisive move.
🔍 Market Structure
ETH is still trading below key resistance at $3,150–$3,300
Trading volume remains low, indicating cautious market participation
Momentum indicators (RSI) are hovering in the neutral zone
🟢 Key Support Levels
Strong support: $2,900
Next downside zone: $2,750 – $2,600 if selling pressure increases
🔴 Key Resistance Levels
Immediate resistance: $3,150
Major resistance: $3,300 – $3,400
📈 Bullish Scenario A strong breakout and daily close above $3,150 could shift momentum bullish, opening the door toward $3,400+.
📉 Bearish Risk A breakdown below $2,900 may trigger a deeper correction and increased volatility.
🧠 Market Sentiment The market is in wait-and-watch mode — a larger move is likely, but confirmation is key.
⚠️ Disclaimer:
This analysis is for educational purposes only. Always do your own research before investing.
#ETH #Ethereum #CryptoMarket #ETHAnalysis