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$ETH / USDT (Perp) — Cooling after a sharp push, market is taking a breath.
Price Action
Current Price: $2,964
24H Change: -2.32%
Intraday High: $3,076
Intraday Low: $2,945
What’s Driving Price
ETH faced strong selling pressure near the $3,070 area after a fast rally. Profit-taking kicked in, volume spiked on the rejection, and price pulled back into a short-term demand zone. Buyers are still active, but momentum has slowed.
Key Levels
Support: $2,945 – $2,920
Major Support: $2,880
Resistance: $3,015 – $3,050
Major Resistance: $3,075
Trend
Short-term: Bearish correction
Overall structure: Bullish while above $2,880
Trade Idea (If / Then)
If ETH holds above $2,945 and shows strong buying reaction, a bounce toward $3,015 – $3,050 is possible.
If price loses $2,920, expect a deeper pullback toward $2,880 before any recovery.
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