2025-12-03 05:23:33

ETH is currently testing a key micro support zone between $2,907 and $2,974. If this level holds, the rally that started on Monday this week is still ongoing.

Looking upward, the next target range is around $3,165–$3,210.

However, note: if the $2,907 support line is breached, the third wave may continue to move downward.

ETH-3.15%

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OffchainWinner

· 15h ago

If 2.907 can't hold, we'll just sleepwalk straight down to a little over 2. There's really no suspense about this key support level.

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TokenVelocity

· 12-05 06:52

If we can't hold the key level of 2.907, then we need to get ready to buy the dip. Feels like this round is a bit risky.

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ZKProofster

· 12-04 23:44

ngl, the whole "third wave" thing sounds like elliott wave theater to me. technically speaking, those support levels are just... numbers on a chart until they're not. what's the actual on-chain metric backing this analysis? proof of what exactly?

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HashBandit

· 12-03 05:51

ngl if it breaks 2.907 i'm just gonna laugh... back in my mining days we'd already have recovered by now lol. but seriously the gas fees during these micro support tests are absolutely brutal, TPS bottleneck is killing the whole move imo

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DeFiCaffeinator