$ETH ‌ETH made a strong bounce after dropping into the 2.7K zone.

Buyers stepped in with confidence, pushing price back above 3K.
Now the market is at an important decision area.
If price stays above 2,900, the structure remains positive.
This zone is acting as the main support right now.
Holding above it can allow a move toward 3,050 first.
If momentum continues, the next upside area sits near 3,200.
On the other hand, rejection near 3,050 can slow things down.
If price slips back below 2,900, selling pressure may increase.
The strongest support below is still around 2,780, where buyers previously defended well.
Losing that level would weaken the recovery.
Overall, the market is balanced.
Above support favors buyers, below support favors sellers.
Patience matters more than speed here.