$ETH Technical Analysis (15M):

1. Price: 1798 USDT (-1.63%).

2. The ascending trend has been broken, strong red candle — bearish momentum.

3. Bollinger Bands: Price has fallen below the average (MB: 1804), moving towards the lower boundary (DN: 1791).

4. RSI:

• RSI(6): 27.73 — oversold.

• RSI(12): 39.23 — declining.

5. Stoch RSI: 53.91 and 80.39 — just started to fall, a reversal is possible, but there is little confirmation.

6. Volumes: Increased on the decline — confirming bearish pressure.

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What can be done now (scalping/reactive strategy):

Option 1: Bounce Catching

• Entry: 1790–1793 (near the lower Bollinger boundary)

• Target: 1802–1805

• Stop: below 1785

• Basis: RSI(6) < 30, a short-term recovery is possible.

Option 2: Continuation of Decline

• If the candle closes below 1790 with volume — a short to 1777–1780 can be considered.

• Stop: 1800