ETHUSDT – Chart Update
ETH was moving inside a descending channel, now showing signs of reversal.
Price has broken the channel trendline and is holding above the short-term MA.
Momentum is slowly shifting bullish.
Support: 2,980 – 2,950
Major Support: 2,880
Resistance / Targets: 3,120 → 3,200 → 3,280
Bullish above 2,980 with confirmation.
⚠️ A pullback retest is healthy; avoid chasing.
Not financial advice. Trade with risk management.
ETH was moving inside a descending channel, now showing signs of reversal.
Price has broken the channel trendline and is holding above the short-term MA.
Momentum is slowly shifting bullish.
Support: 2,980 – 2,950
Major Support: 2,880
Resistance / Targets: 3,120 → 3,200 → 3,280
Bullish above 2,980 with confirmation.
⚠️ A pullback retest is healthy; avoid chasing.
Not financial advice. Trade with risk management.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
