$ETH Can ETH turn around today? The truth lies in support and resistance!
The 15-minute chart for ETH is really boring, the price seems stuck around 2548, neither going up nor down, making viewers sweat!
Let me be straightforward: today ETH is showing weak fluctuations, there’s really no chance for significant movement.
The support level is firmly pinned at around 2538; if it breaks through here with volume, the downtrend will be unstoppable;
The resistance level is capped at 2563, to reverse the trend it must stabilize here, otherwise it's all just talk.
Looking at the order book, sell orders are piled up thick from 2547 upwards, while buy orders are sparse, big funds are all on the sidelines.
The moving averages are even worse, the short-term support at 2531 is barely holding, but the long-term resistance at 2630 is making any rebound weak. The trading volume is only 360k, not even reaching the 5-day average, the energy is too weak for any breakthroughs.
There's no positive news, ETH is likely to continue its downward slide, that little doji star shouldn't be seen as a lifeline.
Prepare to ambush potential coins, click on the avatar to follow, keep up with my rhythm, and make a fortune in this bull market!
