Binance ETHUSDT 15m Trend Prediction

ETHUSDT current price at 3110.51, closely touching the upper Bollinger Band, indicating a short-term potential for profit-taking; additionally, RSI6 and KDJ are in severe overbought territory, warranting caution due to the risk of short-term pullback. Although MACD remains positive, both DIF and DEA are negative, suggesting waning upward momentum, with limited short-term upside and difficulty breaking through key resistance levels. The bullish and bearish account ratios, as well as the open interest ratio, indicate a market leaning toward the bulls; however, current trading volume remains stable, with no signs of major buying pressure by large players, reflecting cautious capital flow. Volatility has decreased as the amplitude narrows; the ATR at only 10.16 indicates no expansion, making range-bound oscillation highly probable; support is at 3090.7, while resistance is at 3148.0, forming the short-term trading range. It is advisable for short-term traders to adopt a wait-and-see approach—buy low, sell high; avoid chasing prices at highs; operate within the defined range, and consider entering long positions only after support levels are confirmed. In extreme cases, such as a rapid break above resistance at 3148, attempting to follow the breakout may be considered; however, the main trend remains range-bound between approximately 3050 and 3130, with better risk management via high sell and low buy strategies. Implement stop-loss orders below support at 3077 and take-profit orders above resistance at 3148. If there are no large-volume breakouts out of the established range, the market is likely to continue operating within a consolidating box.