Binance ETHUSDT 15m Trend Prediction

Comprehensive technical indicator analysis indicates that ETHUSDT is currently in a clear downtrend. The price of 3382.02 has broken below the middle Bollinger Band at 3395.09, and multiple oversold indicators suggest that the downward momentum is still in effect. From the RSI indicator perspective, the RSI across multiple timeframes remains in the weak zone below 50, particularly RSI6 at only 32.31, indicating substantial selling pressure in the short term. The MACD indicator shows all negative values with MACD bars consistently below zero, confirming the current bearish trend. Bollinger Bands analysis shows that the current price is located in the lower half of the Bollinger Band, with a bandwidth of 0.010969, which is relatively narrow, indicating limited volatility. However, the price is trending toward the lower band at 3376.46. A break below the lower band could trigger a larger decline. In the KDJ indicator, the J line is in a relatively low position and below the K and D lines, which usually indicates potential for further downside in the short term. Meanwhile, the DMI indicator shows that the bearish forces are significantly stronger than the bullish, with the ADX at 17.32 indicating moderate trend strength. Regarding support and resistance levels, the key support S1 is at 3360.5, which is a potential short-term target. If this support is broken, the next significant support lies at S2 at 3317.48. Exchange data shows that the active buy-sell ratio is 0.7416 leaning toward the sellers, although the large traders' long and short positions ratio at 2.8435 indicates a bias towards longs. Currently, however, the technical signals favor a clearer bearish outlook. The funding rate of 0.00001415 is near neutral and does not have a significant impact. Based on the current technical analysis, it is recommended to monitor the 3360-3380 range. If the price breaks below the 3360 support, it may further decline towards approximately 3317. Short-term cautiousness in short positions is advised, with strict control over position sizing and stop-loss placement. Stop-loss is suggested above 3400, above the middle Bollinger Band. The take-profit target can be set around 3360-3365, near the first support level. Pay close attention to whether the RSI shows oversold rebound signals.