$ETH is showing strong short-term recovery momentum, currently trading at 1,908.96 with a 1.15% gain. On the 15-minute chart, Ethereum has recovered sharply from the recent 1,891.57 low and pushed toward the session high at 1,915.38.

The structure is turning bullish in the short term. Buyers stepped in aggressively around the lower range and produced a sequence of stronger pushes toward 1,910.61. However, the rejection from 1,915.38 shows sellers are still defending the upper resistance area.

Immediate resistance is at 1,915.38. On the downside, 1,903.47 is an important nearby level, followed by 1,896.33 and the recent swing low at 1,891.57.

Trade Plan:

Coin: ETHUSDT (ST)

Bias: Bullish

Entry Zone: 1,903.47 - 1,908.96 on a controlled pullback

Stop Loss: Below 1,891.57

Target 1: 1,915.38 (24H high)

Risk-Reward: Not supported by the chart alone

Invalidation: A breakdown below 1,891.57 would invalidate the current short-term recovery structure and indicate sellers are regaining control.

I’d prefer to watch for buyers to defend the 1,903.47 area rather than chase ETH directly below resistance. A clean breakout and hold above 1,915.38 would confirm additional bullish strength, while another rejection followed by a loss of 1,903.47 could trigger a deeper pullback toward 1,896.33.

For now, buyers have momentum, but 1,915.38 is the level that needs to break.

$ETH