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ETHUSD showed a pullback of more than 15% after a massive sell-off. It hit a high of $3280 at the time of writing and is currently trading around $3242.50.
Markets eye Ethereum's next upgrade, ”Pectra” is likely to include EIP 3074.
The intraday bullishness is possible if it holds above $3400. On the higher side, the near-term resistance is $3275. Any significant jump above the target is $3500/$3620/$3700/$3800/$4000. Significant bullish continuation only above $4800.
The immediate support is around $3200. Any breach below $3200 confirms bearish continuation. A dip to $3000/$2700 is possible. A violation below $2700 will drag the Ethereum to $2500/$2300.
It is good to buy on dips around $3000 with SL around $2800 for TP of $4000.
