🚀 $ETH Technical Analysis June 14, 2025: PRICE STANDS AT $2,549.45 WITH MODERATE RECOVERY 🌱
📊 Market Insight
• Current Price: 2,549.45 USDT
• Moving Averages (MAs) show a mixed trend, indicating a longer-term bearish trend with short-term recovery.
• Volume has surged, reflecting increased buying interest amid the price bounce from $2,436.98.
• MACD shows a potential bullish crossover.
• RSI values are in neutral territory.
📊 Important Levels to Watch
🔼 Resistance Levels:
2,585.20
2,666.74 (near MA(99) resistance)
2,790.03 (next psychological resistance)
🔽 Support Levels:
2,436.98 (immediate support)
2,420.16 (next significant support)
2,400.00 (psychological support)
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $2,585.20
☑️ Entry Point: $2,590.00 (enter if price breaks above 2,585.20 with bullish momentum confirmation)
🎯 Price Target:
TP1: $2,666.74
TP2: $2,790.03
🛑 Stop Loss: $2,570.00 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 2,585.20, 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 $2,436.98
☑️ Entry Point: $2,430.00 (enter if price breaks below 2,436.98 with bearish momentum confirmation)
🎯 Price Target
TP1: $2,420.16
TP2: $2,400.00
🛑 Stop Loss (SL): $2,450.00 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 2,436.98, a decline in volume, RSI(6) dropping below 30, 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 $2,585.20 with strong confirmation from volume and indicators, suggesting a potential reversal. For bearish traders, a breakdown below $2,436.98 could offer a short-term entry, though the recent volume spike and neutral RSI suggest caution for further downside. Tight stop losses are highly recommended.
