$ETH /USDT technical analysis (15m)

Current price

Around 3016

Market structure

Strong bearish move after rejection near 3150–3180 zone

Series of large red candles shows panic selling

Small green candle suggests short-term relief bounce only

Moving averages

Price is below MA7, MA25, and MA99

MA7 sharply down, confirming strong short-term bearish momentum

MA25 and MA99 above price act as resistance

Support levels

3000 psychological support

2985–2970 intraday support

2940–2900 major support if selling continues

Resistance levels

3050–3070 first resistance

3120–3150 strong resistance zone

3180 upper rejection area

Volume

High sell volume during the drop confirms bearish strength

Recent green candle has weaker volume, bounce lacks conviction

Outlook

Bias remains bearish below 3050

Short-term bounce possible but trend is still down

Trend reversal only if price reclaims and holds above 3120

Intraday idea

Below 3050 market favors sell-on-retest

Above 3120 structure improves toward recovery

If you want, I can also give a 1H or 4H ETH/USDT outlook.