Ethereum Price Consolidates Below $3,150 As Bulls Watch Key Support And Breakout Levels

Ethereum is trading under the $3,120 mark and the 100-hourly Simple Moving Average after failing to overcome resistance near $3,150 and $3,160. The price is consolidating above support around $3,080–$3,085, with bulls eyeing a move toward $3,200–$3,265 if this zone holds. A drop below $3,050 could instead open the way for declines toward $3,000 and possibly $2,925.