ETH 15-Min Descending Channel: Breakout or More Downside?


We’re seeing multiple rejections at the upper boundary of a descending channel on ETH’s 15-minute chart. Each time price hits the channel top, it pulls back,
ETHUSDT
Perp
1,885.1
+1.29%
suggesting the downtrend is still intact.
What to Watch:
Breakout Above: Could spark a short‐term rally toward higher resistance.
Continuation Down: A breakdown below the channel may extend the bearish momentum to lower support levels.
Question: Do you think ETH breaks out of this channel soon, or will the downtrend continue? Drop your thoughts below!
ETH-0,38%
PERP1,62%
SOON14,02%
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TonmoyBD
· 2025-03-14 04:41
Ape In 🚀
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YamiSUZA
· 2025-03-13 17:57
HODL Tight 💪
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DAMAGED
· 2025-03-13 17:44
HODL Tight 💪
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Joy376
· 2025-03-13 14:58
HODL Tight 💪
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