ChartModo logo ChartModo logo
Coinpedia 2026-12-01 07:54:37

Ethereum Price Squeezed at $3,100: Is ETH Coiling for a Violent Breakout?

The post Ethereum Price Squeezed at $3,100: Is ETH Coiling for a Violent Breakout? appeared first on Coinpedia Fintech News Ethereum price showed a daily uptick of over 2%, reclaimed the $3100 zone during the intraday session, but the volatility remains unusually compressed. For the past few sessions, ETH has traded sideways, absorbing supply while refusing to lose its $3000 support level. The current price action points to a coiling phase rather than exhaustion. The …

Read the Disclaimer : All content available on ChartModo.com, including linked websites, applications, tools, charts, forums, blogs, social media channels, and related platforms (collectively, the “Site”), is provided solely for general informational and educational purposes. Users are expected to conduct their own research, analysis, verification, and due diligence before making financial or investment decisions. Trading and investing involve substantial risk and may result in significant losses. You should consult qualified financial or legal professionals before acting on any information obtained from ChartModo. No content on the Site is intended to constitute a solicitation, recommendation, or offer to buy or sell any security, cryptocurrency, or financial instrument.