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## ETH's Rebound Story: Buyers Are Struggling to Maintain the Uptrend
Ethereum (ETH) is currently trading at **$3.13K**, with a 24-hour increase of **+0.85%**. Market buyers are actively defending, trying to keep the price stable at key technical support levels.
**Current Market Momentum**
From a technical perspective, ETH has received solid buying support at the intraday support level of 2,945. Buyer participation has prevented the price from falling further, indicating genuine demand at the current price. The earlier test of the resistance level at 3,028 did not trigger a new wave of selling, which reflects that selling pressure in the market is gradually diminishing.
**Trader Opportunities**
For long-term traders, the following levels are worth noting:
- **Entry Range**: 2,970 - 2,990 USDT
- **Stop-Loss**: 2,945 USDT
- **Target Levels**: 3,020, 3,080, and 3,150 USDT
**Why Buyers Have the Advantage**
As long as ETH can stay above 2,945, higher lows can continue to form. This indicates that market buyers are establishing a more solid price foundation. The intraday moving averages are trending upward, and continuous buyer participation provides a basis for further upward movement. The market structure is gradually shifting toward a constructive trend, which is a positive signal.
**Next Steps**
As long as the support holds, ETH is likely to continue exploring the top resistance within this range. The determination of buyers will be crucial in whether the price can break through 3,150. In the short term, momentum is stabilizing, creating conditions for potential further gains.
**#ETH #CryptoFutures #PriceAction**