Here’s the technical analysis for ETH/USDT based on your shared 15-minute Binance chart:
📊 ETH/USDT Technical Analysis (15m timeframe)
Current Price: $2,545.21
24h High: $2,773.21
24h Low: $2,436.98
Change: -6.79%
🧠 Chart Insights:
🔺 Resistance Levels:
$2,545.75 – Recent local high just tapped (potential short-term resistance).
$2,549.32 – Overhead resistance from previous candle high.
🔻 Support Levels:
$2,517.92 – Recent strong support bounce zone.
$2,502.23 & $2,486.53 – Additional support levels.
$2,436.98 – Major 24h low and psychological support.
🔍 Technical Observations:
ETH shows bullish recovery momentum after hitting a lower support region near $2,470.
Recent candles formed higher lows and higher highs, indicating trend reversal.
Strong bullish candle approaching resistance — momentum needs confirmation to break $2,550.
⚠️ Risk Factors:
ETH is still down nearly 7% in 24h, reflecting wider market uncertainty.
Resistance zone around $2,545–$2,550 needs a strong volume breakout to flip bullish short-term.
Market volatility is being driven by geopolitical headlines (e.g., #IsraelIranConflict), which can cause sharp price swings.
🔄 Suggested Strategy:
Bullish Scenario:
Break and hold above $2,550 could target $2,570–$2,600 quickly.
Scalpers may look for long entries with tight stop-loss below $2,517.
Bearish Scenario:
Rejection at $2,545–$2,550 may trigger another dip to $2,502–$2,486 range.
Stop-loss for longs should be considered below $2,486.
