🚀 $ETH Technical Analysis June 25, 2025: PRICE STANDS AT $2,405.92 WITH BEARISH MOMENTUM 📉
📊 Market Insight
• Current Price: 2,405.92 USDT
• Moving Averages (MAs) indicate a bearish trend.
• Volume has decreased, reflecting reduced trading activity and waning buying interest.
• MACD shows a bearish trend.
• RSI values are in bearish territory.
📊 Important Levels to Watch
🔼 Resistance Levels:
2,482.04 (24h high)
2,500.00
2,600.00
🔽 Support Levels:
2,389.69 (24h low)
2,340.15 (MA(99))
2,188.00
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $2,482.04
☑️ Entry Point: $2,485.00 (enter if price breaks above 2,482.04 with bullish momentum confirmation)
🎯 Price Target:
TP1: $2,500.00
TP2: $2,600.00
🛑 Stop Loss: $2,470.00 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 2,482.04, an increase in volume, RSI(6) rising above 30, and MACD showing a bullish crossover with DIF rising above DEA.
🐻 Bearish Trade Setup: Breakdown below $2,389.69
☑️ Entry Point: $2,385.00 (enter if price breaks below 2,389.69 with bearish momentum confirmation)
🎯 Price Target:
TP1: $2,340.15
TP2: $2,188.00
🛑 Stop Loss (SL): $2,400.00 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 2,389.69, a decline in volume, RSI(6) dropping below 20, and the MACD showing a bearish trend with DIF falling below DEA.
📌 Suggestion to Open Positions Today:
The current price action reflects bearish momentum with the price falling below key short-term MAs (MA(7) and MA(25)) and declining volume. The MACD and RSI indicate a potential oversold condition, suggesting a possible short-term bounce if support at $2,389.69 holds. However, a breakdown below this level could accelerate the downtrend toward $2,188.00. For bullish traders, a breakout above $2,482.04 is needed for confirmation, while bearish traders can consider positions below $2,389.69. Tight stop losses are highly recommended.
