ETHTips

Based on the provided 15-minute chart of ETH/USDT from Binance, here’s a quick technical outlook with Buy, Target 1 & 2, and Sell entry suggestions:
$ETH

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📉 Current Price: $2,498.99

24h High: $2,548.63

24h Low: $2,490.58

EMA(9): 2,507.10

EMA(21): 2,514.19

RSI(14): 29.76 (Oversold zone)

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🔵 Buy Setup:

Buy Entry: Around $2,495 – $2,500
(Price is near the 24h low and showing signs of support)

Reason: RSI is oversold (<30), indicating a possible bounce. Multiple red candles may signal exhaustion.

🎯 Targets:

Target 1: $2,515 (near EMA(9), first resistance)

Target 2: $2,530 – $2,535 (near previous consolidation zone)

Stop-Loss: Below $2,488 (break below 24h low)

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🔴 Sell Setup:

Sell Entry: If price bounces to $2,515 – $2,520 and shows rejection (bearish candle pattern)

Reason: EMA(9) and EMA(21) act as dynamic resistance. Trend is still bearish.

🎯 Targets:

Target 1: $2,500

Target 2: $2,490

Stop-Loss: Above $2,525

#Ehereum #ETHTips