🚀 $ETH Technical Analysis July 29, 2025: PRICE STANDS AT $3,818.82 WITH BULLISH MOMENTUM 📈

📊 Market Insight
• Current Price: $3,818.82 USDT
• Moving Averages (MAs) indicate a bullish trend with MA(7) at 3,816.92, MA(25) at 3,787.84, and MA(99) at 3,545.02, showing price above short-term MAs.
• Volume is significant at 329K (2.18B USDT), with a recent increase suggesting growing buying pressure.
• MACD shows a bullish trend with DIF at 31.88 and DEA at 37.60, indicating potential upward momentum.
• RSI values suggest a neutral zone, with RSI(6) at 48.55, indicating room for further movement.

📊 Important Levels to Watch
🔼 Resistance Levels:
$3,816.92
$3,941.00

$3,976.30
🔽 Support Levels:
$3,787.84
$3,545.02
$3,235.00

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Reversal above $3,816.92
☑️ Entry Point: $3,820.00 (enter if price breaks above $3,816.92 with bullish momentum confirmation)
🎯 Price Target:
TP1: $3,941.00
TP2: $3,976.30
🛑 Stop Loss: $3,810.00 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above $3,816.92, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover.

🐻 Bearish Trade Setup: Breakdown below $3,787.84
☑️ Entry Point: $3,780.00 (enter if price drops below $3,787.84 with bearish momentum confirmation)
🎯 Price Target:
TP1: $3,545.02
TP2: $3,235.00
🛑 Stop Loss: $3,790.00 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below $3,787.84, a decline in volume, RSI(6) dropping below 40, and the MACD confirming bearish momentum.

📌 Suggestion to Open Positions Today:
The current price action reflects bullish momentum with a 0.89% rise and a bullish MACD shift. A breakout above $3,816.92 could lead to further gains, while a drop below $3,787.84 might signal a reversal. Monitor RSI for overbought conditions and volume for momentum shifts before entering positions.

#Ethereum #ETH #dailyearnings #signaladvisor