📉 Chart Analysis (15m – ETH/USDT)
Strong downtrend is ongoing
Price is currently below EMA 7 and quite far from EMA 25 / EMA 99 → bearish control
Recent low ≈ 2284 was formed, there has been a weak bounce from there
Volume spike was on the sell side → panic selling confirmed
Current price is struggling in the 2315 area
Key Levels:
Support: 2280 – 2250
Resistance: 2350 – 2380
➡️ As long as the price does not sustain above 2350, the trend will remain bearish
➡️ Short-term relief bounce possible, but reversal not confirmed
ETH is currently under pressure 📉
The 15m chart clearly shows that sellers are in control. The price is trading below the EMAs and the bounce that has occurred seems to be just a temporary relief.
The 2280 level is very important — if it breaks, we may see the next dip.
There will be hope for bulls only if ETH closes strongly above 2350–2380.
For now, patience > overtrading 💭
The market always gives opportunities, just don’t rush.
