Buying Pressure Is Back: Ethereum (ETH) Has $3K in Its Sights
Ethereum is currently holding at $2.6K. ETH indicators confirm strong buying pressure. The largest altcoin, Ethereum (ETH), has surged around 5.6%. It is something that did not happen for almost a month: closing a daily candle above $2,500. That breakout from the sideways range is now on the chart. The asset is currently trading within the $2,644 range, and its volume is resting at $22.215 billion. The 24-hour session has ranged between $2,495 and $2,652, with the 7-day range stretching from $2,361 to $2,652. Additionally, the ETH market has seen $135.93 million in liquidations. The breakout is not fully confirmed yet. One more daily candle closing and holding above $2,500 is needed. But the momentum behind this move is hard to dismiss. The next daily close is the one that settles whether this breakout holds or fades back into the range. Key Support and Resistance Levels of Ethereum The immediate resistance zone to watch is $2,680. A close through that area keeps $2,696–$2,719 on the chart. Beyond that, the next major resistance sits above $2,770, followed by $2,800 as the first major target if the breakout holds. A sustained move above that opens the path to $3K. On the downside, Ethereums support can be found at









