$ETH USDT Perp is heating up.
Price is trading around 1,974 after bouncing strongly from the 1,940 zone. That rebound was clean. On the 15m chart, we’re seeing higher lows printing into the 1,982 resistance. Short-term momentum has clearly shifted back to the bulls.
The reclaim above 1,965 was important. That level now acts as near-term support. As long as ETH holds above it, buyers stay in control of the short-term structure.
The key range to watch is 1,982 to 2,015. This is where the next decision happens.
If ETH breaks and holds above 2,015 with strong volume, continuation becomes very likely. That would open the door for expansion beyond the recent highs as momentum builds.
If price rejects hard from this resistance zone, we could see a pullback toward 1,956 support, maybe even a deeper retest if selling pressure increases.
Volume is solid and liquidity is deep, which means moves can extend quickly once direction is confirmed.
Right now, volatility is compressing inside a critical range. Breakout or rejection — the next few candles will likely decide the tone. Stay focused and manage risk carefully.
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