#ETHUSDT



*1. Current Conditions*
Price: 1,725.55 | Down -1.06%
Position: Trying to bounce from the low of 1,716.15, but still below all EMA 15m.

*2. Read EMA + Structure*
EMA6 1,725.78 | EMA12 1,727.02 | EMA20 1,729.53
Price 1,725.55 still sticking below EMA6. This means sellers are still strong. As long as the 15m close is below 1,729.53, the downtrend has not broken.

Chart shows a "lower high" from 1,779 → 1,740 → now 1,725. The downtrend pattern is clear.

*3. Key Support & Resistance*
- *Nearby Support*: 1,716.15 = the recent low. If it breaks and the 15m closes below, the next targets are 1,700 → 1,680
- *Nearby Resistance*: 1,729.53 EMA20 + 1,740 area. That’s the temporary "ceiling." Only if it breaks through, there’s hope for 1,750

*4. Orderbook*
54% Long, 46% Short. Long positions are still slightly dominant. Be careful, if ETH/BTC or BTC dumps, these longs could be liquidated downward.

*5. Trading Scenarios*

*If you want to Short:*
Wait for a retest of 1,729-1,740 + a rejection candle. Enter short, SL 1,745. TP 1,716 → 1,700.
In line with the trend, safer.

*If you want to Long:*
Wait for strong confirmation: 15m close above 1,729.53 + volume inflow. Enter long, SL 1,716. TP 1,740 → 1,750.
This is "against the trend," with higher risk.

*Most safe:* Watch first. ETH is following BTC. BTC is still vulnerable, ETH could also drop sharply.
ETH-2.47%
BTC-1.63%
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