$ETHW /USDC is showing a recovery attempt after touching the intraday low near 3,067.33, bouncing back toward the 3,124–3,130 zone. The 15-minute chart indicates price stabilisation above short-term EMAs, suggesting early strength from buyers after a sharp decline. Volume spikes near the bottom confirm that buyers stepped in with conviction. However, EMA25 and EMA99 remain above the current price, signalling that ETH still needs stronger momentum to reclaim bullish confidence. Traders should watch for continuation signals as ETH approaches the next resistance clusters around 3,146 and 3,165.
This structure creates a short-term opportunity for a controlled, high-probability trade setup. If ETH maintains stability above the key support at 3,090–3,110, upside continuation is likely. A break and hold above 3,146 will add momentum for a cleaner upward extension toward 3,180 and potentially 3,226. Risk management remains essential as market volatility is active.
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ENTRY ZONE
3,100 – 3,120
TARGETS
Target 1: 3,146
Target 2: 3,180
Target 3: 3,226
STOP LOSS (SL)
Below 3,065
ANALYSIS
ETH is forming a short-term recovery structure with increasing buying pressure from lower levels. EMA alignment still needs improvement, but the market is giving early signs of a reversal attempt. As long as price holds above 3,100, traders can aim for upward targets with disciplined risk control.
