ETH is showing a steady bounce after tapping the 0.618 Fib level, which aligns perfectly with the FVG (green zone) acting as a strong demand area.
Price reclaimed the trendline breakdown region and is now holding above the key support zone.
A sustained move above $3,175 (0.5 Fib) could open the door for a retest of $3,596 (0.382 Fib). Structure will remain intact as long as ETH stays above the FVG block. Levels to watch: • Support: $2,750 – $2,850 (FVG / 0.618 Fib) • Resistance: $3,175 → $3,596
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$ETH 3Days Technical Analysis:-
ETH is showing a steady bounce after tapping the 0.618 Fib level, which aligns perfectly with the FVG (green zone) acting as a strong demand area.
Price reclaimed the trendline breakdown region and is now holding above the key support zone.
A sustained move above $3,175 (0.5 Fib) could open the door for a retest of $3,596 (0.382 Fib).
Structure will remain intact as long as ETH stays above the FVG block.
Levels to watch:
• Support: $2,750 – $2,850 (FVG / 0.618 Fib)
• Resistance: $3,175 → $3,596
DYOR / NFA
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