$ETH Chart Conditions (15‑Minute) and trade setuo
Price Range: Consolidating between $2,520–$2,546
Volume: Showing occasional spikes during bounce attempts
Structure: Sideways accumulation with multiple tests of both support and resistance
Indicators:
Price action: Several rejections near $2,546 (upper range) and repeated bounces from ~ $2,520
Momentum: Slight shift toward bullish as buyers defend the lower bound
🎯 Best Trade Setup: Scalping Long
✅ Long (Buy) Setup
Entry: On clean bounce—price closes above $2,525 after retesting lower end
Target 1: $2,540 (middle of range resistance)
Target 2: $2,558–$2,560 (near upper consolidation limit)
Stop-Loss: Below $2,500 (under the lower support zone)
Why this works:
Tight consolidation favors range-bound scalps
Lower bound hold signals short-term buyer strength
Volume confirmation near $2,520 supports reversal
⚠️ Alternate Scenario: Breakout Long
If ETH breaks above $2,546 with strong volume:
Entry: On 15m close above $2,546
Target 1: $2,558
Target 2: $2,585
Stop-Loss: Around $2,534 (just below breakout zone)
🛑 Bearish Setup (Less Preferred)
Only consider if price falls and closes below $2,520:
Entry: Below $2,520
Target: $2,500
Stop-Loss: Above $2,530 #XSuperApp $ETH