ETHUSD – Watching Possible Reaction at Local Resistance

ETH continues to trade inside a broad consolidation after rejecting the major supply area around 3400, followed by a clean trend‑line breakdown. Price is now retesting a key mid‑range structure.
The immediate resistance I’m monitoring sits around 3003 – 3100, which previously acted as both support and supply. If price returns to this level, I’ll be observing whether sellers re‑enter the market. Should bearish pressure emerge, the closest reaction zone to the downside remains the 2953 – 2960 region, with a deeper structural level aligning near 2699, which I’ve marked as my broader invalidation zone for bullish continuation.
This chart reflects how I interpret ETH's current structure, supply/demand zones, and potential reaction points.
DISCLAIMER : Educational discussion not as financial advice or a trade instruction.