ETH/USDT Price Analysis & SL/TP
Timeframe: 15-Minute Chart
🔴 Bearish Bias
🔻 **Entry:** Around **$2,605 - $2,610
🔻 **Stop Loss (SL):** **$2,727** (Above POC & resistance)
🔻 **Take Profit (TP):**
- **TP1:** **$2,564** (Fib level support)
- **TP2:** **$2,520** (High liquidity area)
- **TP3:** **$2,465 - $2,450** (Strong demand zone)
🚨 Risk Factors:
- If price reclaims **$2,727**, the bearish scenario invalidates.
- **Volume clusters** around **$2,605 - $2,750** indicate strong participation—monitor breakout or rejection.
Final Thoughts
- If price **breaks below** the **$2,564** support, **$2,450 - $2,465** could be the next downside target.
- If price **reclaims** **$2,727**, bullish reversal could push ETH back toward **$2,800+**.
- Watch for **New York session opening** for stronger volatility.
📌 Bias: Bearish unless price breaks **$2,727** with volume confirmation. 🚨 0 reply
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