In the last 15-minute chart session on Binance, Ethereum (ETH/USDT) continues to show downward pressure, slipping 3.50% in the past 24 hours, currently trading around $3,487.46.
📉 Key Highlights:
24H High: $3,634.00
24H Low: $3,431.75
Volume (ETH): 548,893.88
Volume (USDT): 1.93B
After reaching a minor local top of $3,537.69, ETH faced strong resistance, dropping to a temporary low of $3,449.31. The current level near $3,487.95 shows slight recovery but remains under pressure.
🧠 Technical Indicators:
Moving Averages:
MA(5): 4,886.11
MA(10): 3,769.84
MACD: -2.11 (bearish momentum)
DIF: -3.80, DEA: -1.69
These indicators suggest ETH is still in a short-term downtrend, but consolidation near support may bring a bounce if buying volume increases.
🔍 Strategy Insight: If price sustains above the $3,482 support (AVL), we might see a bullish attempt toward $3,503 and potentially $3,522. However, any breakdown below $3,431 could open the door to deeper correction zones.
📊 Conclusion: The ETH/USDT pair is currently in a volatile zone. For traders, it's crucial to monitor volume, support levels, and MACD signals. A clear breakout above resistance or breakdown below key support will define the next strong move.
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