📉 ETH/USDT Technical Snapshot – 15-Min Chart
🗓️ Date: July 12, 2025
📍 Price: $2,943.04
🔻 24h Change: -1.89%
📈 24h Range: $2,917.42 – $3,010.39
Ethereum faced selling pressure in the past few hours, dipping to a low of $2,917.42 before rebounding slightly. The MACD indicator shows a bearish crossover, but histogram bars are shrinking, signaling a possible momentum shift.
Key highlights:
🔸 Support Level: $2,917
🔸 Resistance Zone: $2,979 – $3,010
🔸 MACD: Negative but converging
🔸 Volume: Stable with minor upticks on recovery candles
📊 What to Watch:
If ETH can break above $2,955 with volume confirmation, a short-term recovery could be in play. However, a drop below $2,917 might trigger further downside.
🔁 Your turn:
What’s your outlook on ETH in the next 24 hours? Are we looking at a relief bounce or continuation downward? Drop your analysis below 👇$BTC