📊 Technical Analysis (15m ETH/USDT)
1. ETH has rebounded strongly from a low of $4,315, breaking above the 55 EMA, indicating an intraday uptrend with the current price at $4,507, consolidating below the $4,560 resistance.
2. Short EMAs (9 and 21) are trending upwards, with the price above them, maintaining bullish momentum; continuation to the upside is likely if the price holds between $4,490 and $4,473.
3. Support zones are identified at $4,490–$4,473 and $4,465, while resistance zones are at $4,560–$4,580 and above $4,600.
4. The RSI on the 15-minute chart is around 58, indicating cooling off from overbought levels but still suggesting bullish momentum with potential for minor pullbacks.
📌 Scalp Trading Signal (15m)
🟢 Long Scenario (Bullish scalp)
Entry point(s): $4,490 – $4,500 (buy on dip / EMA retest).
Stop-loss: $4,465 (below EMA support & local swing).
Take-profit target(s):
TP1: $4,540
TP2: $4,560 – $4,575
Aggressive TP3: $4,600 if momentum extends.
Risk/Reward: ~1:2.
⚠️ Only take long if price holds above $4,490 with bullish candles (e.g. hammer / engulfing).
🔴 Short Scenario (Bearish scalp)
Entry point(s): $4,560 – $4,580 (if price rejects resistance with long upper wicks).
Stop-loss: $4,610 (above rejection zone).
Take-profit target(s):
TP1: $4,510
TP2: $4,490 – $4,473 (EMA support)
Aggressive TP3: $4,465 if breakdown accelerates.
Risk/Reward: ~1:2.
⚠️ Only short if RSI diverges (lower highs while price makes higher highs) OR rejection candles form at $4,560+.
📢 It is advisable not to utilize higher leverage. Always remember that by safeguarding your capital in trading, you will consistently emerge as the victor.