$ETH 15m view: sharp flush and price is still trading under all key EMAs
Price 2,946.33 (-7.99%)
24h High 3,205.48
24h Low 2,920.00
Why it moved Strong sell pressure accelerated once ETH stayed below EMA(7) 2,982 and EMA(25) 3,003 with the EMA(99) around 3,082 acting like a ceiling, so every small bounce was sold and the drop to 2,920 looks like a liquidity sweep before a small rebound
Key Levels
Support 2,920 then 2,900 area
Resistance 2,982 then 3,003 then 3,082
Trend Bearish while below 3,003 and especially below 3,082
Trade idea If $ETH holds 2,920 and reclaims 2,982 then 3,003, then a relief push toward 3,082 can open up If it loses 2,920 again, then continuation toward 2,900 and lower becomes the risk (not financial advice)
