🚀 $ETH Technical Analysis June 12, 2025: PRICE STANDS AT $2,758.41 WITH NEUTRAL TO BEARISH MOMENTUM ⚠️
📊 Market Insight • Current Price: 2,758.41 USDT • Moving Averages (MAs) show a mixed trend. • Volume is steady, suggesting moderate market activity despite the recent decline. • MACD shows a bearish signal. • RSI values are in neutral territory.
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $2,879.22 ☑️ Entry Point: $2,885.00 (enter if price breaks above 2,879.22 with bullish momentum confirmation) 🎯 Price Target: TP1: $2,890.41 TP2: $3,000.00 🛑 Stop Loss: $2,870.00 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 2,879.22, a surge in volume, RSI(6) rising above 50, and a MACD bullish crossover with DIF continuing to rise above DEA.
🐻 Bearish Trade Setup: Breakdown below $2,655.61 ☑️ Entry Point: $2,650.00 (enter if price breaks below 2,655.61 with bearish momentum confirmation) 🎯 Price Target TP1: $2,636.25 TP2: $2,509.17 🛑 Stop Loss (SL): $2,665.00 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 2,655.61, a decline in volume, RSI(6) falling below 30 (into oversold territory), and the MACD showing a bearish trend with DIF dropping below DEA.
📌 Suggestion to Open Positions Today: A bullish setup could be considered if the price breaks above $2,879.22 with strong confirmation from volume and indicators, suggesting a potential reversal. For bearish traders, a breakdown below $2,655.61 could offer a solid entry, especially with RSI nearing oversold levels. Tight stop losses are recommended to manage volatility.
