As of June 2, 2025, Ethereum (ETH) is trading around $2,506.26. Here's a comprehensive trading strategy based on current market conditions:
š Buy Zone (Entry Points)
$ETH Primary Buy Zone: $2,380 ā $2,400
This range is considered optimal for long positions, with a recommended stop-loss below $2,350 to manage downside risk.
Secondary Buy Zone: $2,500 ā $2,550
Traders are advised to wait for rebound signals fr this area before entering buy trades.
šÆ Price Targets
Target 1: $2,598 ā $2,645
A breakout above $2,577 could bring these levels into focus.
Target 2: $2,700 ā $2,736
If bullish momentum continues, these levels are potential short-term targets.
Target 3: $2,950 ā $3,069
Supported by strong on-chain buying pressure and a confirmed bull flag pattern, ETH may rally to this range.
š Stop-Loss Levels
Below $2,350: To manage downside risk if entering around $2,380 ā $2,400.
Below $2,450: Recommended if entering around $2,500 ā $2,550.
š Technical Indicators
Moving Averages: Bearish trend observed.
MACD: Indicates a bearish trend.
RSI: Values are in oversold territory, suggesting a potential for price stabilization or rebound.
ā ļø Risk Management & Strategy
Partial Profit-Taking: Consider securing profits at initial targets and adjust stop-loss to breakeven as price moves favorably.
$ETH Market Monitoring: Keep an eye on market sentiment, especially regarding the Ethereum ETF vote in America, which could trigger significant market fluctuations.
Disclaimer: This information is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
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