Ethereum Price Tests $3,400 After Rally as Bulls Defend the $3,280 Support Zone

Ethereum climbed from above $3,220 to a $3,402 high and is now trading over $3,300 and the 100-hourly Simple Moving Average while it consolidates gains. A bullish trend line is forming around $3,280 support, and holding that area could open the way to the $3,400–$3,500 resistance band, while a break lower may expose $3,230 and $3,200. Key intraday indicators show bullish momentum slowing but still keep ETH above the 50 level on the hourly RSI.