$ETH is compressing on the 1H chart, trading calmly around $3,090 after rejecting the $3,160 high and defending the $3,050–3,070 demand zone. This tight range suggests accumulation rather than weakness, with buyers quietly absorbing dips.
Buy Zone: 3,070 – 3,100
Key Support: 3,050 / 3,000
Immediate Resistance: 3,120
Targets:
🎯 TP1: 3,140
🎯 TP2: 3,180
🎯 TP3: 3,250
Stop Loss: 2,995 (below range low)
A solid hold above $3,050 keeps the structure neutral-to-bullish. Break and close above $3,120 can unlock momentum expansion toward higher targets. This is a patience trade — let price confirm, do