ETH on the 1H chart: Clear recovery signal after selling pressure

Ethereum (ETH) is currently trading at $3.11K with a -0.22% decrease over the past 24 hours, but on the 1H chart, the market situation tells a different story. After being protected at the 3.180–3.200 zone, the bullish trend has quickly been restored. The positive reaction of buyers at this support level indicates that demand remains lively, especially as the price adjusts its positions.

Chart structure and accumulation signals

Currently, ETH maintains above the 3.220–3.250 level, forming a healthy accumulation zone after the previous strong upward movement. The overall structure still supports the possibility of further gains rather than a reversal. ETH continuously holding above short-term support levels shows that buying interest remains steady, despite small pullbacks.

The 3.220–3.250 area acts as an accumulation base where short-term investors can look for entry opportunities. Corrections here should be viewed as buying opportunities, not warning signals.

Price targets and development scenarios

A breakout above the 3.300 resistance could trigger the next rally, extending to higher targets. However, if ETH falls below the 3.180 zone, the bullish structure will be significantly weakened.

Scalping strategy for ETH

Entry zone: 3.230 – 3.260

Profit targets:

• TP1: 3.330
• TP2: 3.420

Stop loss: 3.170

Leverage ratio: 20x – 40x (depending on individual risk tolerance)

Capital allocation: 2% – 5% per trade

Position management: It is recommended to take partial profits at TP1 and move the stop loss back to the entry point to protect gains. Then, continue holding the remaining position toward TP2.

Currently, ETH still maintains upward momentum on this timeframe. Traders waiting for a pullback may be ready to seize this opportunity.