Ethereum price analysis (Neutral) — 3022.12 USDT (-0.60% 24h)

Ethereum is showing resilience around the $3,022 level despite a modest 0.6% dip over the past 24 hours. The current price holding above the 20-day SMA ($3,004) suggests near-term support remains intact, though traders should note the 50-day SMA ($3,052) is providing overhead resistance. With RSI at 67, ETH is approaching overbought territory but hasn’t reached extreme levels yet. The $2.2 billion daily trading volume indicates healthy participation, while 4.5% volatility suggests manageable price swings. For traders, consider scaling into positions between $2,980-$3,000 support with stops below $2,950. A decisive break above the 50-day SMA could target $3,100-$3,150, while failure to hold $2,980 might signal a deeper correction toward $2,900. Monitor Bitcoin’s momentum for broader market direction cues.