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$ETH/USDT 15m - SUPPORT ZONE HOLDING STRONG! 🚀
Current Price: $2390.00
🔍 My Analysis:
Market is repeatedly coming to the lower ascending line and pumping from there. This means bulls are strongly defending $2358.88 level and creating a solid support zone. Price has bounced 3 TIMES from same level (see chart).
📊 Key Points:
✅ Support Zone: $2358.88 - Tested 3x, Still Holding
✅ Order Book: 89.89% BID vs 10.11% ASK - Massive Buy Pressure!
✅ EMA5 (2392.51) turning up, trying to cross EMA20 (2399.48)
✅ Volume increasing on every bounce - Accumulation Phase
🎯 My View:
If ETH holds $2358.88 and gives 15m close above $2399.48 (EMA20), bullish continuation is 80% chance! Next targets $2420 - $2440 - $2470
Invalidation if 15m closes below $2358.
What do you think? Will support hold?
#ETH #Ethereum #ETHUSDT #CryptoAnalysis #BinanceSquare #SupportZone
$ETH/USDT 15m - SUPPORT ZONE HOLDING STRONG! 🚀
Current Price: $2390.00
🔍 My Analysis:
Market is repeatedly coming to the lower ascending line and pumping from there. This means bulls are strongly defending $2358.88 level and creating a solid support zone. Price has bounced 3 TIMES from same level (see chart).
📊 Key Points:
✅ Support Zone: $2358.88 - Tested 3x, Still Holding
✅ Order Book: 89.89% BID vs 10.11% ASK - Massive Buy Pressure!
✅ EMA5 (2392.51) turning up, trying to cross EMA20 (2399.48)
✅ Volume increasing on every bounce - Accumulation Phase
🎯 My View:
If ETH holds $2358.88 and gives 15m close above $2399.48 (EMA20), bullish continuation is 80% chance! Next targets $2420 - $2440 - $2470
Invalidation if 15m closes below $2358.
What do you think? Will support hold?
#ETH #Ethereum #ETHUSDT #CryptoAnalysis #BinanceSquare #SupportZone
