2026-01-28 05:55:47

ETH/USD Today's Analysis

Ethereum is currently consolidating near $2,990, testing the crucial $3,000 psychological barrier. Momentum is neutral-to-cautious within a symmetrical triangle pattern. A confirmed break above $3,050 could ignite a rally toward $3,400, whereas slipping below $2,900 support may trigger a deeper liquidity hunt toward the $2,700 demand zone.

Professional Trading Zones & Next Move

The chart below highlights the key zones where institutional and professional traders are setting their orders:

Next Move: Watch the $3,015 Fibonacci level. Sustained trading above this level signals a bullish intraday shift; staying below it maintains bearish pressure.

Sell Zones (Resistance): * $3,175 – $3,220: The primary area for short-term profit-taking.
$3,400 – $3,500: A major historical supply wall (The "Bull Trap" zone).

Buy Zones (Support):

$2,890 – $2,910: Immediate support for scalpers and day traders.

$2,720 – $2,790: High-conviction demand zone for "buy the dip" investors.

#MiddleEastTensionsEscalate $ETH ‌

ETH-3.21%

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