$ETH

Hey Square Fam! The ETH/USDT chart just dropped an exciting update—let’s unpack it ♄

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📈 Current Price Action & Structure

Price Range: ETH remains boxed between $2,440–$2,600, battling resistance near $2,600–$2,620 .

Fibonacci Levels: That range overlaps with key zones around 0.382–0.5 Fib, making $2,600 a critical level .

Moving Averages: ETH sits above its 20‑day EMA ($2,479) and 200‑day (~$2,469) — suggests consolidation + potential breakout .

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🔍 Market Movers & Indicators

Momentum: RSI hovers between 47–64 depending on timeframe — mixed signals of possible upside .

Breakout Alert: A strong candle above $2,600–$2,620 with volume could target $2,745–$2,800, and maybe even $3,000+ in a stretch scenario .

Downside Risk: If ETH fails around $2,560–$2,600, support lies at $2,500–$2,510, then $2,250–$2,300 .

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🧭 July Trade Plan: ETH Edition

Trade Setup Entry Zone Take Profit Targets Stop‑Loss

Breakout Long $2,620–$2,635 $2,745 → $2,800 → $3,000+ ~$2,590

Bounce Setup $2,525–$2,560 $2,635 → $2,700 Just below support

Short Trigger Drop below $2,490 $2,391 → $2,300 ~$2,530

Entry idea: Bounce setup at $2,525–$2,560 for a safer play

Breakout: Confirm above $2,620 with volume before going long

Risk: Stop-loss is crucial to manage downside

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🚀 Screenshots from Square Analysts

Binance Square’s latest says:

ETH reclaimed key EMAs → bullish short‑term structure

Maintain above $2,560–$2,573 → next legs to $2,745–$3,067 possible

Breakout with volume above $2,620 → strong confirmation

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🌐 Wider Outlook & Catalysts

ETH ETF & On‑chain Growth: ETFs are feeding inflows and institutional demand—any positive ETF news could reinforce the bull setup

Upcoming Upgrades: Pectra, the mid‑2025 upgrade, may impact staking, validator rewards, and overall network utility

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🎯 Tips for Square Fam

1. Clear entries & exits: Always mark your TP & SL before entering.

2. Size your position: Stick to 1–2% max risk of capital.

3. Volume is key: Only trust breakouts with strong volume (especially on daily candles).

4. Community chat: Drop your thought—$ETH is heating up, let’s discuss setups!

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✅ Final Take

ETH is at a decision point—solid range support combined with potential breakout zones. A daily close above $2,620–$2,635 opens bullish targets up to $2,800–$3,000, while a breakdown below $2,490–$2,500 may lead to deeper corrections. Smart risk management and staying alert to catalysts are your best friends this July.

📱 Square Fam, share your ETH plans below! Let’s build setups, gauge sentiment, and stay disciplined—teamwork makes the trade work ❀

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Disclaimer: This is community insight for educational purposes—not financial advice. Trade smart and trade safe.