🚨 Ethereum ($ETH) Technical Outlook – June 2, 2025
📉 Price Stabilizes Near $2,500, Bearish Momentum Lingers
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📌 Market Overview
Current Price: $2,507.54 USDT
Trend Direction: Overall bearish bias, confirmed by key indicators
Volume: Notable decrease—Layer 1: 6.79M / Layer 2: 3.38M—indicating reduced market activity and potential for range-bound movement
MACD: Bearish divergence persists
RSI (6): Hovering in oversold territory, signaling possible exhaustion but no reversal yet
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🔍 Key Price Levels
Resistance Zones to Watch:
$2,547.79 – 24h high, initial breakout point
$2,673.48 – intermediate resistance
$2,693.52 – major resistance level
Support Zones to Watch:
$2,468.56 – immediate support
$2,458.31 – secondary downside target
$2,448.31 – previously tested low
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📈 Trade Setup: Bullish Scenario
Entry Point: $2,550.00
(Trigger: confirmed breakout above $2,547.79 with bullish volume and momentum)
Targets:
TP1: $2,673.48
TP2: $2,693.52
Stop Loss: $2,530.00
Confirmation Signals:
Strong bullish candle close above $2,547.79
Increasing volume
RSI(6) crossing above 40
MACD bullish crossover (DIF > DEA)
📉 Trade Setup: Bearish Scenario
Entry Point: $2,465.00
(Trigger: breakdown below $2,468.56 with downside momentum)
Targets:
TP1: $2,458.31
TP2: $2,448.31
Stop Loss: $2,480.00
Confirmation Signals:
Strong bearish candle close below $2,468.56
Elevated sell volume
RSI(6) dipping below 30
MACD continuing downward trend (DIF < DEA)
🧠 Trading Insight
With $ETH holding around $2,507 and bearish pressure still present, caution is advised. The RSI suggests the asset may be oversold, but confirmation is needed before acting. A decisive move beyond either resistance or support levels, backed by momentum indicators, should guide entries. Use tight stop losses and monitor volume and RSI closely for trend shifts or failed breakouts.
🔁 Stay sharp, manage risk, and adapt to price action!
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