📊 $ETH /USD Market Analysis (15M)
$ETH /USD remains under strong bearish pressure after a sharp sell-off from the 1760 resistance zone. Price is currently trading around 1660 and struggling to recover, indicating that sellers still control the market.
🔴 Resistance Levels: • 1675 - 1685 • 1715 - 1725
🟢 Support Levels: • 1625 - 1635 • 1600
📌 Sell Scenario: Entry: 1665 - 1675 Stop Loss: 1690 Take Profit 1: 1640 Take Profit 2: 1625 Take Profit 3: 1605
📌 Buy Scenario: Only consider buying if price closes above 1685. Entry: 1688 - 1692 Stop Loss: 1660 Take Profit 1: 1715 Take Profit 2: 1740
Overall market sentiment remains bearish below 1685. Traders should wait for confirmation before entering any position and always use proper risk management. #ETH #ETHUSD #Ethereum #CryptoTrading #Forex #Trading