๐ ETH/USDT โ 15m Technical Analysis
๐ Current Price: 3,345
๐ Strong green candle with increasing volume โ buyers stepping in
๐ Price has bounced cleanly from the 3,296 support zone
โ What the Chart Indicates
1. Strong Rejection From the Bottom
ETH showed a clear bullish rejection from 3,296, confirming strong short-term support and forming a micro trend reversal.
2. Big Green Candle = Momentum Returning
The last candle is a strong bullish push, signaling aggressive buyer activity and a possible upward continuation.
3. Near-Term Resistance: 3,360 โ 3,380
This zone is important because:
Previous wicks got rejected here
Liquidity exists
Sellers are likely to react
If ETH breaks 3,380, it can extend quickly toward 3,420.
4. Moving Averages Are Neutral
MA(5) and MA(10) were flat, showing weak earlier momentum.
Now price is reclaiming these MAs โ early signs of a bullish shift.
5. Volume Increasing
The green volume bars are rising, which often signals a breakout attempt.
๐ ETH/USDT โ Short-Term Outlook (15m)
โญ Bullish Scenario
If ETH stays above 3,330:
โก๏ธ Target 1: 3,360
โก๏ธ Target 2: 3,380
โก๏ธ Target 3: 3,420 (breakout zone)
๐ป Bearish Risk Levels
If ETH drops below:
โ 3,310 โ losing momentum
โ 3,296 โ structure breaks, sellers take control
๐ก My Opinion
ETH has confirmed a short-term bottom and momentum is shifting to the upside.
If volume continues to rise, ETH may push higher toward the resistance levels.
Good setup for scalpers and short-term traders.
$ETH $
