$ETH / USDT (15M Chart Analysis) โ Bullish Expansion or Liquidity Sweep? ๐ฅ
Ethereum (
$ETH ) is currently showing short-term bullish momentum on the 15-minute timeframe after rebounding from local low liquidity at $2,436.75. Here is the technical breakdown using Smart Money Concepts (SMC) & Moving Averages:
Key Technical Observations:
(1) โCurrent Price: ~$2,467.77
(2) โRecent Local High: $2,471.26 (Immediate Liquidity Target / Resistance)
(3) โKey Support Zone: $2,450.00 โ $2,456.00 (MA25 & MA99 Dynamic Support / FVG)
(4) โMoving Average Alignment: Price has pushed above the MA(7), MA(25), and MA(99), signaling a short-term bullish trend alignment on lower timeframes.
Potential Market Scenarios:
1๏ธโฃ Liquidity Sweep & Continuation (Bullish):
If
$ETH sweeps above the recent high at $2,471.26 and holds structure above the $2,460 support area, we could see an expansion toward the $2,480 โ $2,500 zone.
2๏ธโฃ Retracement / Reversal:
If
$ETH fails to break $2,471 cleanly and forms a lower timeframe CHOCH below $2,456, expect a retracement back toward the $2,440 โ $2,436 liquidity pool.
Trading Strategy:
Avoid chasing green candles near short-term highs. Wait for lower timeframe confirmation (CHOCH + FVG) on pullbacks before executing positions. Always practice strict risk management!
What is your bias on etherum right now? Are you expecting a breakout past $2,480? Share your views below! ๐
#ETH #cryptotrading #smc