Wait, did $ETH ‌ just find a bottom or is this a trap?

We’ve been bleeding out since that 3,077 rejection. It’s just been lower highs all day and honestly felt like it was going to visit the abyss. But look at the bounce off 2,899. That’s a decent reaction from the buyers.
Right now we’re sitting at 2,946. If this green candle holds, we might see a relief rally back toward the 3,000 psychological level. But I’m not convinced yet. If we can't break and hold above 2,970 soon, the bears are probably going to take another swing at those recent lows.
Keeping a close eye on the volume here. It’s a bit thin for a real reversal.