🚀 $ETH Technical Analysis July 15, 2025: PRICE STANDS AT $2,969.29 WITH BEARISH MOMENTUM 📉

📊 Market Insight
• Current Price: 2,969.29 USDT
• Moving Averages (MAs) show a bearish shift with MA(7) at 3,006.32, MA(25) at 2,979.22, and MA(99) at 2,664.77, indicating potential downward pressure.
• Volume is at 808,001.68 ETH (24h Vol/USDT 2.44B), suggesting significant trading activity.
• MACD shows a bearish trend with DIF at 42.92 and DEA at 57.72.
• RSI values are in a neutral zone (RSI(6): 41.93, RSI(12): 52.40, RSI(24): 60.00), indicating no extreme overbought or oversold conditions.

📊 Important Levels to Watch
🔼 Resistance Levels:
3,083.00
3,107.67
3,200.00
🔽 Support Levels:
2,895.81
2,788.78
2,610.00

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $3,083.00
☑️ Entry Point: $3,085.00 (enter if price breaks above 3,083.00 with bullish momentum confirmation)
🎯 Price Target:
TP1: $3,107.67
TP2: $3,200.00
🛑 Stop Loss: $3,075.00 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 3,083.00, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover with DIF rising above DEA.

🐻 Bearish Trade Setup: Reversal below $2,895.81
☑️ Entry Point: $2,890.00 (enter if price drops below 2,895.81 with bearish momentum confirmation)
🎯 Price Target:
TP1: $2,788.78
TP2: $2,610.00
🛑 Stop Loss (SL): $2,905.00 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 2,895.81, a decline in volume, RSI(6) dropping below 40, and the MACD showing a bearish trend with DIF falling below DEA.

📌 Suggestion to Open Positions Today:
The current price action suggests bearish momentum with the price below key moving averages and a declining MACD. A drop below $2,895.81 could signal further declines, while a bounce above $3,083.00 might indicate a reversal. Monitor volume and RSI closely for confirmation before entering any positions.

#Ethereum #ETH #dailyearnings #signaladvisor