Thanks for the updated 15-minute ETH/USDT chart. Here’s your real-time short-term analysis:
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✅ Key Observations (15m Chart)
📍 Current Price: $2,514.11
Price is pushing upward after a reversal from the $2,452 bottom, now testing key resistance levels.
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🔎 Technical Breakdown
🔹 Moving Averages (MA)
MA5: $2,492.16 → support now (short-term)
MA10: $2,480.53 → held as bounce zone
MA30: $2,512.02 → being tested right now
MA60: $2,541.72 → next key resistance
➡️ ETH is now trading above MA5/10/30, showing strength in this bounce.
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🔹 Bollinger Bands
Lower Band (LB): $2,442 → Price bounced strongly from here
Middle Band: $2,491 → price reclaimed
Upper Band (UB): $2,540.27 → short-term target
Price is approaching the upper band, so expect resistance/selling pressure around $2,535–$2,540.
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🔹 Volume
Volume is increasing slightly during this bounce, but not spiking yet.
Suggests a gradual recovery, not a breakout—yet.
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📈 Next Short-Term Levels
Type Level Action
🔼 Immediate Resistance $2,530–$2,540 (MA60 + UB) May see rejection
✅ If Breaks Up $2,555–$2,570 Target zone
🛑 Support $2,490 (MA5 & mid-Bollinger) Should hold if bullish
🔻 If Rejected $2,470–$2,452 Retest possible
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🔮 Strategy Suggestions
Scalp long above $2,515 targeting $2,535–$2,540
Take profit near Bollinger UB if candles show weakness
Short opportunity if rejection candles appear at $2,540 zone
Tight stop-loss: If long, SL near $2,488
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🧠 Summary
ETH has formed a bullish reversal on the 15m chart, breaking above key moving averages and approaching the next resistance at $2,540. If it clears this, momentum can carry to $2,570 or more. But be cautious of fakeouts near upper Bollinger band.