Here’s a detailed market analysis and trade plan for ETH/USDT based on the 15-minute chart:
Support & Resistance Levels:
Support Zones:
$1,791.00 – Immediate support (near MA(99))
$1,769.90 – $1,748.30 – Mid-level support zone
$1,731.70 – Strong support (recent low)
Resistance Zones:
$1,819.00 – 24h high, key resistance
$1,829.84 – Previous peak
$1,834.75 – Next level if bullish momentum continues
Trade Plan (Short-Term / Intraday):
Long (Buy) Setup:
Entry: If price pulls back to the $1,791–$1,795 zone
Stop Loss: Below $1,775
Target 1: $1,819
Target 2: $1,829+
Short (Sell) Setup:
Entry: If price gets rejected near $1,818–$1,820 resistance
Stop Loss: Above $1,834
Target 1: $1,800
Target 2: $1,791