$ETH Market Analysis | June 25 Strategy Update
Recently, the ETH price has rebounded and is currently stable around 2400. Next, we will focus on several key levels:
🔹 Support at 2400: If ETH maintains above 2400, it is bullish in the short term, targeting 2450 and 2500. A breakout above 2500 may lead to stronger upward momentum.
🔹 Resistance at 2500: If the price rebounds to 2500, it is recommended to look for short opportunities. Set a stop loss at 2550, with a take profit target of 2450-2400.
🔹 SAR Support Level: Currently, the SAR is at 2210. If the price pulls back to this level, it can still be considered a buy signal. Set a stop loss at 2150, with a long-term bullish trend.
⚡ Operation Suggestions:
If support above 2400 is solid, continue to hold long positions, targeting 2450-2500.
If resistance at 2500 creates bearish pressure, promptly position for short trades, with a stop loss set at 2550.
The market is ever-changing, so it is advised to strictly control risks and maintain flexible operations.
📊 Strategy Summary:
Long Position Target: Above 2400, targeting 2500-2550.
Short Position Strategy: Near 2500, stop loss at 2550, take profit at 2450.