Binance ETHUSDT 15m Trend Prediction

Comprehensive technical indicator analysis indicates that ETHUSDT is currently in a clear downward trend. The price has fallen from a high of over 3600 to around 3496, with a significant decline. From the Bollinger Bands perspective, the current price is below the middle band of 3520, approaching the lower band of 3454. The Bollinger Band width of 0.037 shows moderate volatility, consistent with a normal retracement. Multiple RSI indicators all indicate oversold conditions; however, considering the continuation of the downward trend, the oversold state may persist for some time before a valid rebound occurs. The MACD indicator is entirely below the zero line and displays divergence, signifying that downward momentum remains strong, making it unlikely to see obvious bullish signals in the short term. In the moving average system, the price has broken below the short-term MAs of MA5 and MA10, which are beginning to turn downward, forming a preliminary bearish alignment. From support and resistance analysis, the key support zone below is between 3380 and 3420, which is an important prior support region. The DMI indicator shows a clear advantage of the bearish strength, with DI- nearly twice DI+, and the ADX exceeding 30, confirming a trend of decline. Trading recommendation: It is advised to establish short positions at the current level or after a slight rebound to the 3510-3520 range, targeting the 3420-3460 zone. Risk control: Place stop-loss orders above 3540. If the price reestablishes above the MA20 (3520) with increased volume, caution should be exercised regarding the bearish strategy. Operational strategy: Since RSI is in oversold territory, it is recommended to build positions gradually to avoid heavy concentration all at once. Additionally, monitor volume changes; if a volume-supported decline occurs, strengthen the bearish outlook.