#ETH/USDT⚡️⚡️
📊Good, let's analyze the ETH/USDT (Perpetual) chart based on the view in the image:
1. Timeframe
💠The chart uses 15 minutes (15m) → suitable for short-term / intraday analysis.
2. Current Price
💠Last price: $4,777.76 (+3.44% in 24 hours).
💠Mark Price: $4,778.43 (PnL determinant in futures).
💠High 24 hours: $4,888.49, Low 24 hours: $4,206.00 → fairly wide range (high volatility).
3. Moving Average Indicator
💠There are two MA lines (possibly MA 7/25 or 9/21):
💠The red line (fast MA) has started to decline, indicating short-term momentum is beginning to weaken.
💠The blue line (slow MA) is still trending upwards, but starting to flatten → consolidation signal.
4. Candlestick Pattern
💠After a strong pump (sharp increase), the price formed a small double top pattern around $4,880 → potential correction signal.
💠Currently, the price is retracing below $4,800.
5. Support & Resistance Levels
💠Nearest support: around $4,700 – $4,750 (psychological area & current price level).
💠Next support: $4,600 (previous consolidation area).
💠Nearest resistance: $4,880 (high 24 hours).
💠Next resistance: $5,000 (important psychological level).
6. Volume
💠24-hour volume: 12.19M ETH / 55.88B USDT → very high, meaning the movement is quite valid.
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🔎 Analysis Conclusion
💠Short-term trend (15m): Starting to weaken, there is a chance of correction to support $4,700.
💠Medium-term trend (1H – 4H): Still bullish, as long as the price stays above $4,600.
👉Scenario:
💠If the price breaks above $4,880, potential continuation to $5,000.
💠If the price breaks down below $4,700, likely to drop to $4,600 or lower.