Signal ETHUSD Sell — M15 - June 21, 2026 11:49 GMT-4
On the ETHUSD M15 timeframe, the recent price action reveals a bearish reversal setup. Following a consolidation phase between 1725.16 and 1730.37, the pair broke below key support at 1725.16, triggering a downtrend. The last candle closed at 1725.16, with a notable volume spike of 1504, confirming selling pressure. This aligns with the sell signal, as the price is now testing a critical resistance level at 1730.37, which has failed to hold. The structure suggests a potential continuation of the downtrend toward the 1700.38 target, as the pair has retested prior lows (1700.29) with strong volume, indicating institutional participation. The…