$ETH /USDT Analysis
Current Price: $2,415.09 🔄
Change: -3.56% 📉
24h High: $2,587.61
24h Low: $2,323.21
Market Structure & Sentiment
$ETH ETH is showing signs of stabilization after dipping to the $2,323 zone (strong demand). Price bounced and is now holding above short-term support.
Volume is cooling down, indicating sellers are losing momentum. A bounce from here could initiate a new bullish wave if price closes above $2,450 on the 1H or 4H timeframe.
Indicators Used:
Short-Term Trend Line Support ✔️
Dynamic VWAP Level holding well ✔️
Bollinger Bands are squeezing = breakout coming soon 🚨
Potential Move:
If breaks $2,450 → Next Targets:
TP1: $2,480
TP2: $2,525
TP3: $2,585
SL: Below $2,375 🔒
Summary:
ETH has shown signs of recovery and could be preparing for an upside move if it stays above key short-term support. Break above $2,450 = confirmation for bullish continuation.
