$ETH is trading near $2,928, down -0.84%, reflecting continued short-term pressure. Price bounced from the intraday low around $2,908, but the recovery remains weak. On the 15-minute chart, ETH is still trading below the MA30 (2,931), which signals that the broader short-term trend remains bearish.

The MA5 and MA10 are attempting to curl upward, suggesting a minor relief bounce, but volume does not yet confirm strong buying interest. Resistance is clearly visible near $2,950–$2,965, while support lies around $2,900–$2,910.

ETH needs sustained volume and a reclaim of $2,940+ to shift momentum. Until then, price action favors range trading and cautious longs.

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