$ETH is consolidating after a strong impulsive rally and subsequent pullback from the 3,440 area. Price is holding above the rising 30MA, suggesting this is digestion rather than trend failure.
Momentum has cooled, but structure remains constructive as long as higher lows are defended.
Bias: Bullish consolidation Support: 3,180–3,200 Resistance: 3,350–3,450 Final Take: Range accumulation favored. Break above 3,350 resumes trend. Loss of 3,180 weakens bullish structure.
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$ETH is consolidating after a strong impulsive rally and subsequent pullback from the 3,440 area. Price is holding above the rising 30MA, suggesting this is digestion rather than trend failure.
Momentum has cooled, but structure remains constructive as long as higher lows are defended.
Bias: Bullish consolidation Support: 3,180–3,200 Resistance: 3,350–3,450
Final Take: Range accumulation favored. Break above 3,350 resumes trend. Loss of 3,180 weakens bullish structure.
(DYOR)
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