$ETH Downtrend Alert – Approaching Critical Support at $1,500
Ethereum ($ETH) is trading at $1,510.14, reflecting a -2.75% drop. The 15-minute chart shows a strong bearish structure, with ETH falling below all key EMAs – EMA(7) at $1,525, EMA(25) at $1,548, and EMA(99) at $1,565. The price just touched its 24h low of $1,509.42, signaling intense selling pressure.
Trade Setup (Support Watch):
Entry Range: $1,500 – $1,510 (if support holds)
Stop Loss: $1,495
Targets:
1. $1,525
2. $1,540
3. $1,560
Support Levels: $1,509 / $1,500
Resistance Levels: $1,523 / $1,542 / $1,565
Watch closely for a bounce from the $1,500 zone. If it breaks, we could see a slide toward $1,480.
ETH
2,203.89
-5.68%