๐Ÿš€ $ETH Technical Analysis August 19, 2025: PRICE STANDS AT $4,205.53 WITH BEARISH MOMENTUM ๐Ÿ“‰

๐Ÿ“Š Market Insight
โ€ข Current Price: $4,205.53 USDT
โ€ข Moving Averages (MAs) indicate a bearish trend with EMA(7) at 4,275.30, EMA(25) at 4,369.25, EMA(99) at 4,205.58, and EMA(200) at 3,899.88, showing price below short-term EMAs.
โ€ข Volume is significant at 698,910 ETH (2.99B USDT), with a 24h change of -2.84% reflecting declining market interest.
โ€ข MACD shows a bearish trend with DIF at -60.16, DEA at -42.68, and MACD at -17.48, indicating strong bearish momentum.
โ€ข RSI values suggest a neutral zone, with RSI(6) at 33.80, nearing oversold conditions.

๐Ÿ“Š Important Levels to Watch
๐Ÿ”ผ Resistance Levels:
$4,550.71
$4,788.00
$4,825.15
๐Ÿ”ฝ Support Levels:
$4,045.00
$3,899.88
$3,727.40 (estimated)

๐Ÿ’ก TRADE PLANS:
๐Ÿ‚ Bullish Trade Setup: Breakout above $4,550.71
โ˜‘๏ธ Entry Point: $4,560.00 (enter if price breaks above $4,550.71 with bullish momentum confirmation)
๐ŸŽฏ Price Target:
TP1: $4,788.00
TP2: $4,825.15
๐Ÿ›‘ Stop Loss: $4,530.00 (below the resistance to manage risk)
โš ๏ธ Confirmation: Look for a strong bullish candle close above $4,550.71, increasing volume, RSI(6) rising above 50, and MACD turning bullish.

๐Ÿป Bearish Trade Setup: Drop below $4,045.00
โ˜‘๏ธ Entry Point: $4,035.00 (enter if price falls below $4,045.00 with bearish momentum confirmation)
๐ŸŽฏ Price Target:
TP1: $3,899.88
TP2: $3,727.40
๐Ÿ›‘ Stop Loss: $4,065.00 (above the support level)
โš ๏ธ Confirmation: Watch for a strong bearish candle close below $4,045.00, declining volume, RSI(6) dropping below 30, and MACD staying bearish.

๐Ÿ“Œ Suggestion to Open Positions Today:
The current price action shows bearish momentum with RSI(6) nearing oversold conditions. A breakout above $4,550.71 could signal a reversal, while a drop below $4,045.00 might indicate further declines. Monitor volume and RSI for confirmation before entering positions.

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