On the M15 timeframe for ETHUSD, the recent price action reveals a potential bullish reversal after a prolonged downtrend. The last few candles show a series of lower closes, but the most recent close at 1568.54 marks a higher low compared to prior sessions, indicating weakening bearish momentum. This is supported by the formation of a bullish candlestick pattern, where the close near the high suggests buyers stepping in. Volume trends show a notable decrease in recent sessions, which may signal consolidation or accumulation ahead of a potential breakout. The price has been consolidating near key support levels, with the…

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