$ETH ‌ETH just dipped into a strong support zone near 2,980–3,000 after a sharp sell-off. On the 1H chart, momentum looks stretched, showing sellers may be slowing down.

What the chart suggests:

Short-term (1H): Oversold signals hint at a possible bounce toward 3,080–3,120.

Mid-term (4H): Trend is still weak unless price reclaims the 3,120+ area.

Structure view: Holding above support could lead to consolidation; losing it may bring more downside pressure.

This is only a personal market view based on price action and indicators — not financial advice.
Always manage risk and trade responsibly.