Ethereum is testing critical support around the 8-day EMA near $3,154, with a notable buy order cluster forming just below this level. This could provide a floor for short-term price action.

On the flip side, don't sleep on the resistance overhead. The 0.786 Fibonacci level combined with a sell order block creates a serious ceiling for bulls to overcome. Breaking through this zone is essential if ETH wants to continue climbing higher.

The setup here is textbook—clear support, defined resistance, and order flow evidence on both sides. Traders should keep this range in mind as the near-term battleground.