Binance ETHUSDT 15m Trend Prediction

Currently, ETHUSDT has been oscillating below the lower Bollinger Band for several consecutive periods. A downward breakdown has triggered a new round of decline, with no clear sign of stabilization. Compared to support and resistance levels, it remains close to S1 support. The MACD remains in negative territory with an increasing negative value, and shows no sign of reversal, indicating that the bearish momentum continues to dominate the market. The short-term trend leans toward testing lower support levels. Key zones in the RSI series indicators are deep into oversold conditions, but their current magnitude remains weak, suggesting inertia persists for further downward movement. Only the RSI24 is slightly higher, indicating a weak rebound in the distant area with limited effect. The three lines of KDJ are rapidly declining, with the J value reaching very low levels. Momentum continues to be released, indicating that panic selling has not yet been fully cleared. Although the large traders’ long and short positions show a bullish bias, combined with the weak candlestick pattern and mainstream technical indicators, it is judged that the bulls are trapped at high levels. There is a lack of upward momentum, and the bears suppress from above. Current trading volume shows increasing volume in the downward move, with no significant decrease in volume to stabilize price during the decline, indicating substantial outflow pressure. Overall forecast: In the short term, ETHUSDT is likely to fluctuate repeatedly within the support zone of 4390-4440. It is recommended to avoid chasing longs and to guard against inertia-driven further drops. If volume diminishes or long lower shadows accumulate, short-term rebounds should be monitored, but this is not yet a good entry point. Stop-loss should be referenced at the lower boundary of S1, while take-profit levels should be set below the current price range.