📍#ETH Technical Analysis (June 5, 2025)
Ethereum bulls still holding — breakout not yet confirmed, but setup is getting ready ✅
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【1D – Daily】
Trend: Bullish structure → Fully loaded long, watch for breakout if closing above 2633–2682
🔹 Long Setup:
🟢 Buy-the-dip: 2507 (triple-bottom confirmed ✅)
🚀 Breakout long: 2789
🛑 Stop loss: 2463
🎯 Take-profits: 2988, 3313, 3638
📌 Commentary:
MACD flattening, RSI above 60. As long as 2500 holds, the structure remains bullish.
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【4H – 4-Hour】
Trend: Bullish move hit TP2 → Testing resistance near 2680, consider trailing stop to lock gains
🔹 Long Setup:
🟢 Buy zone: 2601 (✅), 2597
🚀 Breakout long: 2680
🛑 Trailing stop: 2575
🎯 Take-profits: 2596 ✅, 2675 ✅, 2755
📌 Commentary:
MACD starting to cool off, RSI retreating from overbought. Watch for retracement toward 2540 if 2575 breaks.
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【1H – 1-Hour】
Trend: Sideways → Failed bear setup, bulls defending triple-bottom area
🔹 Long Setup:
🟢 Buy zone: 2605 (triple-bottom ✅)
🚀 Breakout long: 2680
🛑 Stop loss: 2594
🎯 Take-profits: 2732, 2818, 2903
📌 Commentary:
Price is compressing in a tight range. Wait for breakout above 2680 before chasing long.
Below 2594 = short-term trend shift.
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【Multi-Timeframe Summary】
✅ 1D: Bullish setup → Confirmation if price holds above 2633–2682
⚠️ 4H: Resistance test → Watch 2680 level closely
📉 1H: Consolidation → Wait for breakout or dip entry
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