ETHUSD 15M: Key Supply & Demand Zones Signal Intraday Pullback Setup
Ethereum (ETHUSD) on the 15-minute timeframe is currently trading near 2,278.41 after pushing into an overhead supply zone following a recent rally. With price reaching multi-week local high territory, a short-term intraday pullback setup is developing toward lower support levels.
Primary Supply Zone (2,286 – 2,296): Immediate overhead resistance (red band). The recent local high around 2,288.64 marks the upper boundary and serves as the primary invalidation level for short setups.
Immediate Support / Liquidity Level (2,249.90): The nearest horizontal demand target sitting directly below current price.
Key Lower Demand Levels: Sequential downside structural targets marked at 2,198.36, 2,194.94, 2,078.81, and 2,024.73.
Trade Plan: Watch price action around the 2,286 – 2,296 supply band. Short setups remain favored as long as price holds below 2,288.64, targeting a retracement down to 2,249.90 and potentially lower toward 2,198.36. A clean 15m candle close above 2,296 invalidates the bearish retracement bias and signals bullish continuation.
Ethereum (ETHUSD) on the 15-minute timeframe is currently trading near 2,278.41 after pushing into an overhead supply zone following a recent rally. With price reaching multi-week local high territory, a short-term intraday pullback setup is developing toward lower support levels.
Primary Supply Zone (2,286 – 2,296): Immediate overhead resistance (red band). The recent local high around 2,288.64 marks the upper boundary and serves as the primary invalidation level for short setups.
Immediate Support / Liquidity Level (2,249.90): The nearest horizontal demand target sitting directly below current price.
Key Lower Demand Levels: Sequential downside structural targets marked at 2,198.36, 2,194.94, 2,078.81, and 2,024.73.
Trade Plan: Watch price action around the 2,286 – 2,296 supply band. Short setups remain favored as long as price holds below 2,288.64, targeting a retracement down to 2,249.90 and potentially lower toward 2,198.36. A clean 15m candle close above 2,296 invalidates the bearish retracement bias and signals bullish continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.