Ethereum (ETH) has maintained strong support above the $2,750 level, showing resilience despite facing selling pressure near $3,000. After a solid rally, ETH experienced a slight correction but remains in a positive zone, outperforming Bitcoin.

Currently, Ethereum is trading above a short-term bullish trend line, with strong support around $2,780 on the hourly ETH/USD chart. Additionally, the price is holding above the 100-hourly Simple Moving Average (SMA), indicating sustained buying interest in the market.

On the upside, ETH faces initial resistance at $2,820, with major hurdles at $2,850 and $2,880. A breakout above $2,920 could push Ethereum toward the key psychological level of $3,000, potentially triggering further bullish momentum.

Conversely, if a deeper correction occurs, the $2,750 level serves as the primary support. A break below this zone could lead to a decline toward $2,680, which acts as a dynamic support level in the current uptrend.

With market momentum still favoring the bulls, Ethereum is likely to stay on an upward trajectory as long as it holds above $2,750. Traders will closely watch upcoming price movements to see whether ETH can break past $2,880 and test $3,000 or enter a consolidation phase.