$ETH — Consolidating Inside Triangle, Sitting Between Supply & Demand Zones 📊

#ETH is currently consolidating within a triangle pattern, trading at the midpoint of stacked supply above and demand blocks below, indicating a classic equilibrium zone prior to directional expansion.

Price is holding the lower triangle boundary around $3,185–$3,190, showing steady buyer defense.

Multiple red supply zones between $3,220–$3,300 continue to cap upside pressure — this is where price keeps getting rejected.

Strong green demand layers sit between $3,165–$3,145, then deeper at $3,120–$3,100, providing a clear downside cushion.

Key Levels to Watch

Immediate Support:
• $3,190
• $3,180
• Major demand block: $3,165 → $3,145

Immediate Resistance:
• $3,218
• $3,225
• Major supply zone: $3,250 → $3,300

#Ethereum is in a neutral compression phase, trading between imbalanced zones.
A breakout of the triangle will decide which block gets attacked first:

Break above $3,225 → revisit $3,250 / $3,280 zone

Break below $3,180 → tap into $3,165 / $3,145 demand

Right now, price is simply coiling and absorbing liquidity — preparing for its next directional move.