Binance ETHUSDT 15m Trend Prediction

ETHUSDT's recent 400 15-minute candlesticks show a significant decline within three days, breaking below the middle band of the Bollinger Bands (3011.17) and rapidly moving toward the lower band (2932.41), indicating short-term downward inertia. The MACD indicator has remained negative with DIF and DEA continuously expanding in the negative territory, reflecting accelerating bearish momentum. No divergence or signs of reversal have appeared; all moving averages are above the current price, indicating a clear ongoing decline. Volume has shown no obvious enlargement overall, only slight increase at the end of the decline, suggesting panic selling or stop-loss selling pressure, but insufficient to reverse the trend. RSI and KDJ are both in oversold zones, but with weak momentum; the J-value's rebound is short-lived. The market sentiment is biased bearish, with no strong rebound intention observed within the 15-minute period. Short-term support levels at the lower Bollinger Band and recent lows (2910-2960) are likely to be tested further. The DMI/ADX combination reveals a strong trend dominance with a clear bearish control; the likelihood of a shallow rebound is very low. Active buy/sell actions and large investors’ positions that are net long may be lock-in operations and have not exerted any substantial positive effect on the price. There is no significant recent support levels, and the test of the lower Bollinger Band and previous lows (2910-2960) is more probable. If volume does not strengthen, a technical rebound may occur but with limited space. Short-term trading suggestion: Consider light short positions on rebounds, with stop-loss set above MA10 (2982.72), and take profit around the 2910-2960 range. Do not chase after sharp declines but wait patiently for the downward trend to exhaust. Overall assessment: ETHUSDT is currently trending downward within the 15-minute cycle, with a tentative test of the 2910-2960 zone. Despite oversold signals, rebound momentum is weak; it is advisable to stay on the sidelines or adopt strategic short positions.