$ETH /USDT Price Analysis – 15m Chart
Current Price: $2,476.43
24h Change: -4.72%
Trend: Bearish
Key Observations:
• EMA Indicators: The price is trading below the EMA(7), EMA(25), and EMA(99), signaling a strong downtrend.
• Volume: Decreasing volume indicates weakening buying interest.
• Recent Low: $2,463.71 — if this is broken, we may see further downside.
• Resistance Levels: $2,499 and $2,512.
• Support Level: $2,450 is a key support. A break below may trigger a sharper decline.
Conclusion:
Short-term momentum favors further downside unless ETH reclaims $2,500+ with strong volume. Caution is advised for long positions.