๐๏ธDate -July 15,2025
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๐ Key Observations:
1๏ธโฃ Current Price: $2,949.28 (โผ -2.75% in 24h) โ sharp correction from $3,083 high.
2๏ธโฃ EMAs:
EMA(7): $2,903.36 (critical support)
EMA(25): $2,694.20
EMA(99): $2,474.09
๐ Price now testing EMA(7) after rejection at $3,083.
3๏ธโฃ Momentum Indicators:
RSI(6): 70.01 (cooled from 84+ but still in bullish zone)
Stoch RSI: 90.94 (MA: 95.76) โ overbought hangover persists.
4๏ธโฃ 24h Range:
๐ High: $3,083.00
๐ Low: $2,932.46
5๏ธโฃ Volume:
24h ETH: 824,685.07
๐ Current: 137,764 vs. MA(5): 513,275 โ โ73% โ panic selling exhausting.
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๐ก Interpretation:
๐ Bullish Trend Under Pressure:
Holding above EMA(7) ($2,903) keeps uptrend intact.
Rejection at $3,083 led to heavy profit-taking.
โ ๏ธ Volume Divergence:
High 24h volume confirms distribution.
Current low volume signals selling exhaustion near support.
๐ฏ Critical Levels:
Support: $2,932 โ $2,850 โ $2,694 (EMA25)
Resistance: $3,000 โ $3,083
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๐ฎ Price Prediction:
๐ Short-term (24h):
๐ Bullish: Hold above $2,903 โ bounce to $3,000โ$3,050.
๐ป Bearish: Break below $2,932 โ drop to $2,850โ$2,750.
๐ Medium-term (1 week):
Recovery above $3,000 โ target $3,200โ$3,300.
Below EMA(25) ($2,694) โ deeper correction to $2,500.
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๐ Trade Plan
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๐ Scenario 1: Long at EMA(7) Support (Optimal)
๐ฏ Entry: $2,910โ$2,930 (EMA7 + 24h Low zone).
๐ Stop-Loss: $2,900.
๐ฏ Targets:
TP1: $2,980
TP2: $3,000
TP3: $3,050
๐ Risk-Reward: ~1:4
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๐ป Scenario 2: Short on Breakdown
๐ฏ Entry: $2,925โ$2,905 (break below $2,932).
๐ Stop-Loss: $2,950.
๐ฏ Targets:
TP1: $2,850
TP2: $2,780
TP3: $2,700 (EMA25)
๐ Trigger: 1H close < $2,932 with rising volume.
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๐ฐ Scenario 3: Swing Long at Stronger Support
๐ฏ Entry: $2,700โ$2,720 (EMA25 zone).
๐ Stop-Loss: $2,680.
๐ฏ Targets: $2,900 โ $3,000
๐ Confirmation: RSI(6) <40 = oversold.
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โ๏ธ Risk Management:
๐ Position Size: โค1.5% of capital.
๐ Leverage: Max 3x โ avoid liquidation.
๐ Key Signals:
โ Go Long: Bullish reversal at EMA(7).
๐ป Go Short: Bearish close < $2,932 w/ >300K ETH volume.
๐ Watch:
Ethereum ETF updates.
Gas fee & network activity.
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๐ Conclusion:
โจ ETH is testing critical EMA(7) support ($2,903) after a $134 drop.
๐ฏ Best setup: Longs near $2,910โ2,930 for bounce if support holds.
๐ป If $2,932 breaks โ switch to shorts targeting $2,850.
๐ซ Avoid trades between $2,960โ$3,000 (choppy).
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๐ Updated: 2025-07-12 โ Reassess if price closes >$3,000 or <$2,900.
๐ช Use stops & stay disciplined! ๐
Trade from here ๐ $ETH