$ETH /USDT 15-Minute Chart – Best Trade Setup

📉 Technical Snapshot

15-min timeframe: overwhelmingly bearish – ~93% of moving averages are in sell territory per CentralCharts; RSI, CCI, Williams %R are in oversold zones .

Support and resistance (based on Binance technical post):

Resistance (pullback zone): $2,500–2,530 (MA 99 & MA 25)

Support: $2,450 recent swing low; below that, $2,420 → $2,380 possible targets .

Overall bias: strong downtrend confirmed by “Strong Sell” across moving averages and indicators .

🎯 High-Probability Short Trade (Momentum Continuation)

Entry: Look to short on a pullback into $2,500–2,530. Wait for bearish rejection candle—e.g., a wick or bearish engulfing with volume confirmation.

Stop-Loss: Just above the pullback zone—around $2,540.

Take-Profits:

TP1: $2,450 (initial support)

TP2: $2,420‑2,400 (deeper swing low)

Reward-to-Risk: ~2:1, with $80–100 potential drop vs $10–40 risked—efficient setup.

Why it works: Overwhelming bearish trend on 15-min; pullback into resistance offers ideal fade opportunity .

🔁 Backup: Counter‑Trend Bounce (Low-Probability)

Entry: Consider going long if ETH drops to $2,450–2,470 and shows a bullish signal (hammer, bullish engulfing, volume spike).

Stop-Loss: Below $2,445.

Take-Profits: to $2,500, then $2,530 if momentum shifts.

Rationale: This fold setup targets oversold bounce, but must have clear confirmation due to strong downtrend.#MarketPullback $ETH