๐Ÿงต Technical Analysis on $ETH / $USDT (as of May 19, 2025) Letโ€™s break down what the charts are telling us ๐Ÿ‘‡

๐Ÿ“‰ Price Snapshot ETH is trading at $2,437.36, down slightly (-0.039%). Short-term sentiment looks shaky, letโ€™s explore further.

๐Ÿ“Š Moving Averages (MA)

20-day MA: $3,350.46

50-day MA: $3,471.12

100-day MA: $3,012.03

200-day MA: $3,088.36

Price is below all major MAs โžก๏ธ bearish bias across all timeframes. Ethereum

๐Ÿ”„ Oscillators

RSI: 44.52 (bearish-neutral)

Stochastic %K: 53.79

MACD: -8.354

Momentum is fading. RSI below 50 = sellers in control.

MACD negative = downward trend gaining strength.

๐Ÿ“‰ Trend Recap

5-day: -5.11%

20-day: -6.06%

100-day: +32.63%

Short and mid-term: bearish.

Long-term: still bullish overall ๐Ÿ“ˆ

Support: $2,414

Resistance: $2,725

Watch these levels. A break below $2,414 could accelerate losses. A move above $2,725 could revive the bulls. ETHUSDT

Trend = Bearish in short/medium-term

Momentum = Weak

Long-term gains still intact

Monitor $2,414 (support) & $2,725 (resistance)

๐Ÿ“Œ Be cautious, but stay alert for a reversal.

$ETH