📍#ETH Technical Analysis (2025/07/08 Evening)
ETH is range-bound within a triangle, suggest selling rallies and buying dips, manage risk tightly, and wait for breakout confirmation!
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#ETH 【12H】
Trend: Range – ETH is caught in a 12h triangle between the 200MA and a descending trendline; await a decisive breakout.
🔹 Long:
Stop Loss: 2520 (below for short)
Add: 2550 (triggered), 2530, 2520
Breakout Entry: 2679
Take Profit: 2679, 2768, 2942
🔻 Short:
Stop Loss: 2679 (breakout for long)
Add: 2620, 2590
Breakdown Entry: 2520
Take Profit: 2417, 2263, 2154
Trend: Small Bull – 4h broke the descending resistance and holds above the 200MA, moving averages aligned; short-term bullish.
🔹 Long:
Stop Loss: 2549 (below for short)
Add: 2568 (triggered), 2560, 2542
Breakout Entry: 2598
Take Profit: 2679, 2768, 2942
#ETH 【1H】#ETH nd: Small Bull – 1h is above the EMA9/20 with rising momentum; lean bullish and buy dips.
🔹 Long:
Stop Loss: 2568 (below for short)
Add: 2570 (triggered), 2550, 2540
Breakout Entry: 2679
Take Profit: 2679, 2768, 2942
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Recommendations:
1. 12H triangle range 2550–2679; sell rallies, buy dips.
2. On 4H, price retested 2549–2568 support; consider adding longs.
3. 1H bullish momentum continues; place stops below each timeframe’s support.
4. A clear break above 2679 confirms mid-term bulls; long to 2768.
5. A break below 2520 flips to bears; target 2417/2263.
