$ETH /USDT – Bulls Defend Key Support, Reversal Incoming? 🚀

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Ethereum (ETH) is down -2.04%, currently trading at $3,130.80, after testing a 24H high of $3,214.38 and bouncing from $3,040.03. The price is showing signs of consolidation, with buyers stepping in at key levels.

Key Levels to Watch:

🔹 Resistance: $3,159 – A breakout above could push ETH towards $3,200+

🔹 Support: $3,114 – Holding this level is crucial for bullish momentum

Market Insights:

ETH remains in a tight range, with buyers stepping in near $3,040 while sellers defend $3,214.

A break above $3,159 could trigger a rally toward $3,200 - $3,239.

If rejection occurs, $3,114 - $3,069 could serve as a strong demand zone before the next move.

Volume remains high, suggesting active trading and a potential shift in market momentum.

💡 Traders should watch for a confirmed breakout or a retest of support for possible entry opportunities.

#CryptoTrading #ETH #Ethereum #Binance #MarketUpdate 🚀