šļø Date: July 8, 2025
š Current Price: $2,536.93
š 24h Change: -1.69%
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š Key Technical Observations:
šø Moving Averages (EMA):
EMA(7): $2,530.04 ā Price slightly above, maintaining short-term strength.
EMA(25): $2,500.57 ā Price above, medium-term trend remains positive.
EMA(99): $2,401.97 ā Price well above, long-term uptrend confirmed.
š§ Interpretation: ETH continues to hold above critical moving averages, but is struggling to break through local resistance.
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šø Support & Resistance Levels:
š¼ Immediate Resistance: $2,579 (recent swing high)
š¼ Major Resistance: $2,588 (24h high)
š½ Immediate Support: $2,530 (EMA7)
š½ Key Support Zone: $2,500ā$2,475 (EMA25 & structural)
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šø Volume Analysis:
Daily Volume: ~317K ETH ā Average ā no extreme bullish or bearish signals from volume yet.
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šø Momentum Indicators:
RSI(6): 54.74
⤠Neutral ā healthy, with some room to move higher.
Stoch RSI:
StochRSI: 71.13
MA StochRSI: 75.67
⤠Elevated but not extreme ā potential for minor consolidation or upside continuation.
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š ETH Price Outlook (Short-Term):
ā Bullish Bias If:
ETH holds above $2,530, then targets:
T1: $2,579
T2: $2,588
T3: $2,748
ā Bearish Bias If:
ETH falls below $2,500, then may test:
T1: $2,475
T2: $2,411
T3: $2,242
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š” ETH/USDT Trade Plan
š¢ Scenario 1: Breakout Long Trade
Trigger: Close above $2,579 with high volume
Entry: $2,580ā$2,590
Targets:
šÆ T1: $2,588
šÆ T2: $2,748
Stop-loss: $2,500
Risk/Reward: ~1:2+
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š” Scenario 2: Support Bounce Entry
Trigger: Bounce off $2,530 support
Entry: $2,535ā$2,540
Targets:
šÆ T1: $2,570
šÆ T2: $2,579
Stop-loss: $2,490
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š“ Scenario 3: Breakdown Short Trade
Trigger: Close below $2,500 with strong red volume
Entry: $2,495ā$2,480
Targets:
šÆ T1: $2,475
šÆ T2: $2,411
Stop-loss: $2,530
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ā ļø Risk Management Notes:
Price remains in consolidation near resistance ā wait for clear confirmation before entering.
EMA7 and EMA25 levels are key supports to watch.
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ā Conclusion:
ETH is consolidating above $2,530 but faces resistance at $2,579. Watch for breakout or support bounce to guide your trade.
š² Click on Trade Now after confirmation!