๐จ Ethereum ($ETH) Trade Ideas โ June 2025 Update ๐จ
๐ต Bullish Setup โ Long Position Looking for a potential upside? Here's a buy signal based on the current chart setup:
Entry Zone: $2,525 โ $2,530
Stop Loss: Place just below the recent swing low and key moving average support at $2,495
Profit Targets:
โข TP1: $2,546 โ matches recent local high
โข TP2: $2,551 โ $2,555 โ aligns with resistance near the 99-period moving average
๐ Bearish Setup โ Short Position
Prefer a downside move? Watch for rejection near resistance:
Entry Zone: Enter short if ETH is unable to break above the $2,546โ$2,550 zone and forms a bearish rejection candle
Stop Loss: Slightly above resistance and MA(99) at $2,558
Profit Targets:
โข TP1: $2,510 โ intermediate support
โข TP2: $2,483 โ $2,485 โ near previous local low
๐ Keep an eye on price action around these levels and adjust risk accordingly. Always use proper risk management. Happy trading!
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