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$ETH Update (1H)
ETH defended the major demand zone around $2,850–2,880 and printed a strong bounce.
Price is now trading above the key support ~$3,000, showing short-term strength.
🔹 Descending trendline still acting as resistance
🔹 Reclaim & hold above $3,050–3,100 → momentum flips bullish
🔹 Next upside targets: $3,200 – $3,300
🔹 Failure to hold $3,000 → retest of demand zone possible
Bias: Cautiously bullish while above support 📈
#ETH #Crypto #Altcoins