$ETH Technical Analysis
The ETH/USDT 15-minute chart shows Ethereum in a strong bullish rally, up +9.20% over the last 24 hours. After reaching a daily high of 2,308.54, the price is currently consolidating around 2,282.25. ETH is holding firmly above the EMA(21) at 2,278.76, which serves as the immediate dynamic support.
While the trend is upward, the MACD is showing a bearish crossover with increasing red histograms, indicating a potential short-term pullback or sideways consolidation before the next leg up. The major support level to watch is the EMA(99) at 2,221.75.
Strategic Trade Plan
Entry Zone: 2,240 – 2,275 (Near EMA 21 or on a slight dip)
Take Profit: 2,350 / 2,420
Stop Loss: 2,210 (Below EMA 99)
ETH
2,118.84
-3.85%