$ETH /USDT Technical Overview

Last Price: $2,970.06

24H Range: $2,910.00 – $3,199.73

24H Volume: 6.10M ETH (~$18.61B USDT)

Mark Price: $2,970.08

Short-Term Trend Analysis (15m – 1h)

Current Movement: ETH is showing signs of weak support around $2,970, after dropping from the $3,100–$3,200 resistance zone.

Recent Momentum: Price has retraced ~7% in the last 24 hours, indicating bearish pressure, but a minor bounce is observed at the $2,970 area.

Key Support Levels:

$2,950 – first immediate support

$2,925 – secondary support, stronger zone if $2,950 breaks

Key Resistance Levels:

$3,000–$3,025 – minor resistance

$3,050–$3,100 – major resistance zone