ETH/USDT (15m) for the next ~8 hours 👇
(clear + practical)
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Market Structure (what’s happening now)
ETH had a strong dump (-10%+) → impulse move done.
Now price is below the purple supply zone (~2435–2470).
Price is testing the rising trendline around 2400–2410.
Overall structure = bearish trend + weak consolidation.
So this is bear flag / distribution, not a healthy uptrend.
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Next 8 Hours Outlook
🔴 Bias: Bearish → range → bearish
Scenario 1 (MOST LIKELY – 60%)
Trendline breaks
ETH moves to:
2380
then 2340–2320
Expect slow bleed, not a big pump
Scenario 2 (less likely – 40%)
Trendline holds
Small bounce towards:
2430–2450
That zone is SELL area, not reversal
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Key Levels to Watch
Resistance (sell zone):
2430 – 2470 (purple box top)
Support:
2400
2360
2320
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Trade Plan (Intraday / 8h)
✅ Best Trade: SHORT
Short on bounce
Entry: 2430 – 2450
SL: 2490
TP1: 2380
TP2: 2330
Breakdown short
Entry: Below 2395 (15m close)
SL: 2435
TP: 2340 – 2320
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Long?
❌ Avoid longs Only consider long if:
ETH reclaims 2480+ with strong volume (very unlikely today)
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Final Verdict
📉 Next 8 hours: bearish / weak
🐻 Sell rallies, don’t chase buys