๐ $ETH Technical Analysis August 19, 2025: PRICE STANDS AT $4,205.53 WITH BEARISH MOMENTUM ๐
๐ Market Insight
โข Current Price: $4,205.53 USDT
โข 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.
โข Volume is significant at 698,910 ETH (2.99B USDT), with a 24h change of -2.84% reflecting declining market interest.
โข MACD shows a bearish trend with DIF at -60.16, DEA at -42.68, and MACD at -17.48, indicating strong bearish momentum.
โข RSI values suggest a neutral zone, with RSI(6) at 33.80, nearing oversold conditions.
๐ Important Levels to Watch
๐ผ Resistance Levels:
$4,550.71
$4,788.00
$4,825.15
๐ฝ Support Levels:
$4,045.00
$3,899.88
$3,727.40 (estimated)
๐ก TRADE PLANS:
๐ 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)
๐ฏ Price Target:
TP1: $4,788.00
TP2: $4,825.15
๐ Stop Loss: $4,530.00 (below the resistance to manage risk)
โ ๏ธ Confirmation: Look for a strong bullish candle close above $4,550.71, increasing volume, RSI(6) rising above 50, and MACD turning bullish.
๐ป 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)
๐ฏ Price Target:
TP1: $3,899.88
TP2: $3,727.40
๐ Stop Loss: $4,065.00 (above the support level)
โ ๏ธ Confirmation: Watch for a strong bearish candle close below $4,045.00, declining volume, RSI(6) dropping below 30, and MACD staying bearish.
๐ 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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