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$ETH is regaining strength after pulling out of a short-term consolidation zone.
The sharp rebound from the 3,004 low and the recovery back toward the 3,190–3,200 range shows buyers stepping in with confidence. Price is forming a steady structure again, signaling that momentum may continue to shift upward.
Trade Setup
Entry Zone: 3,165 – 3,205
TP1: 3,245
TP2: 3,290
TP3: 3,345
Stop Loss: 3,110
The chart is showing rising demand after the dip, with higher lows beginning to form on the 1h timeframe. If $ETH can reclaim the 3,245 level with strong volume, the path toward the upper resistance zones becomes clearer.
Market Sentiment
Sentiment remains cautiously bullish. Traders are watching how $ETH behaves near the 3,200 region, which is acting as a key pivot. Holding above this area keeps the upward continuation scenario alive, especially after such a strong rebound off the lows.$ETH