$ETH 🗓️ Date :-July 13,2025
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📈 Key Observations:
1️⃣ Current Price: $2,954.15 (▼ -0.22% in 24h) – consolidating after a strong rally.
2️⃣ EMAs:
EMA(7): $2,841.72
EMA(25): $2,643.18
EMA(99): $2,452.83
👉 Price is well above all EMAs, showing a strong bullish trend.
3️⃣ Overbought Indicators:
RSI(6): 83.22 (🚨 extremely overbought)
Stoch RSI: 97.39 (MA: 98.61) – near maximum.
4️⃣ 24h Range:
Low: $2,903.85
High: $2,979.78
5️⃣ Volume:
24h Vol (ETH): 331,312.43
24h Vol (USDT): $975.07M
Volume is strong but slowing compared to earlier surge.
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💡 Interpretation:
✅ ETH remains bullish above EMAs, but overbought indicators + tight range suggests caution.
⚠️ Current consolidation after hitting $3,040.15 high could lead to a short-term pullback.
🛑 Key Levels:
Resistance: $2,979.78 → $3,040.15
Support: $2,903.85 → $2,841.72 (EMA7)
🔄 Divergence: High RSI & StochRSI while price flattens → risk of minor correction.
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🔮 Price Prediction:
📅 Short-term (24–48h):
Possible pullback to $2,880–$2,840 (support zone).
If $2,979 breaks with volume, rally could extend to $3,050–$3,100.
📅 Medium-term (1–2 weeks):
Staying above EMA(25) ($2,643) keeps bullish momentum alive.
Targets: $3,100–$3,200 after consolidation.
Break below EMA(7) ($2,841) risks deeper retrace to $2,643–$2,452.
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📝 Trade Plan
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🚀 Scenario 1: Pullback Buy (Optimal)
🎯 Entry: $2,880–$2,840 (support area).
🛑 Stop-Loss: $2,820.
🎯 Targets:
TP1: $2,954 (current high)
TP2: $2,979 (24h High)
TP3: $3,040.
📈 Risk-Reward: ~1:3
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💥 Scenario 2: Breakout Trade (Low Conviction)
🎯 Entry: Daily close above $2,979.78 with high volume.
🛑 Stop-Loss: $2,940.
🎯 Targets: $3,050 → $3,100.
📌 Wait for RSI to cool below 75 before aggressive long.
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🔻 Scenario 3: Short-Term Short (High Risk)
🎯 Entry: $2,975–$2,985 (near resistance, RSI rejection).
🛑 Stop-Loss: $3,010.
🎯 Targets: $2,903 → $2,880.
📌 Look for reversal pattern on 1H chart.
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⚖️ Risk Management:
📉 Position Size: ≤1.5% of capital.
📉 Leverage: Max 3x.
📉 Exit:
Trail SL after +3% profit.
Close longs if $2,841 breaks with volume.
📊 Watch Bitcoin & Nasdaq correlation.
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📝 Conclusion:
✨ ETH is bullish but overbought & consolidating near highs.
🎯 Best setup: buy pullback to $2,880–$2,840 for good risk-reward.
🚫 Avoid chasing above $2,979 unless breakout is confirmed with strong volume.
⚔️ Aggressive shorts only near $2,985 with clear rejection signal.
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Reassess if price breaks $2,979.78 or $2,841.72.
💪 Stay patient & disciplined! 🚀
Trade from here 👉
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