🚀 $ETH Technical Analysis July 22, 2025: PRICE STANDS AT $3,718.61 WITH BEARISH MOMENTUM 📉
📊 Market Insight • Current Price: 3,718.61 USDT • Moving Averages (MAs) indicate a potential shift with MA(7) at 3,734.45, MA(25) at 3,678.87, and MA(99) at 3,119.27, showing a short-term peak. • Volume is moderate at 960.734.12 ETH (3.57B USDT), reflecting decent trading activity. • MACD shows a bearish trend with DIF at 72.70 and DEA at 96.83, indicating weakening momentum. • RSI values are in a neutral zone, with RSI(6) at 48.14, suggesting no extreme overbought or oversold conditions.
📊 Important Levels to Watch 🔼 Resistance Levels: 3,829.90 3,900.00 4,000.00 🔽 Support Levels: 3,500.00 3,382.16 3,120.06
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $3,829.90 ☑️ Entry Point: $3,830.10 (enter if price breaks above 3,829.90 with bullish momentum confirmation) 🎯 Price Target: TP1: $3,900.00 TP2: $4,000.00 🛑 Stop Loss: $3,820.00 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 3,829.90, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Reversal below $3,500.00 ☑️ Entry Point: $3,490.00 (enter if price drops below 3,500.00 with bearish momentum confirmation) 🎯 Price Target: TP1: $3,382.16 TP2: $3,120.06 🛑 Stop Loss (SL): $3,510.00 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 3,500.00, a decline in volume, RSI(6) dropping below 40, and the MACD showing a bearish trend.
📌 Suggestion to Open Positions Today: The current price action shows bearish momentum with a potential pullback from recent highs. A breakout above $3,829.90 could signal a reversal, while a drop below $3,500.00 might confirm further downside. Monitor MACD for momentum shifts and RSI for confirmation before entering positions.
