The $ETH 15-minute chart shows Ethereum is currently in a consolidation phase following a rejection from the 2,386 local high. Price action is tightly squeezed between the EMA 99 (2,308) acting as dynamic support and the EMA 21/25 (2,321) serving as immediate resistance.
The MACD is showing a slight bullish crossover with the histogram turning green, suggesting a potential trend reversal if the volume picks up. A clean break above 2,325 could trigger a move back toward the recent highs, while failing to hold the EMA 99 might lead to a retest of the 2,280 zone.
ETH Trade Plan
* Entry: $2,322 (on a confirmed break above EMAs)
* Take Profit 1: $2,355
* Take Profit 2: $2,385
* Stop Loss: $2,295
ETH
2,141.95
-1.82%