🚀 $ETH Technical Analysis August 22, 2025: PRICE STANDS AT $4,644.79 WITH STRONG BULLISH MOMENTUM 📈

📊 Market Insight
• Current Price: $4,644.79 USDT
• Moving Averages (MAs) indicate a bullish trend with EMA(7) at 4,367.63, EMA(25) at 4,314.05, EMA(99) at 4,226.15, and EMA(200) at 3,768.00, showing price well above both short-term and long-term EMAs.
• Volume is significant at 406,169.77M ETH, with a 24h change of +8.66% reflecting strong market interest.
• MACD shows a bullish trend with DIF at 13.65, DEA at -21.11, and MACD at 34.76, indicating robust momentum.
• RSI values suggest overbought conditions, indicating potential for a short-term pullback but strong upward momentum.

📊 Important Levels to Watch
🔼 Resistance Levels:
$4,824.40
$4,947.70
$5,000.00
🔽 Support Levels:
$4,322.36
$4,071.34
$4,060.00

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $4,824.40
☑️ Entry Point: $4,830.00 (enter if price breaks above $4,824.40 with bullish momentum confirmation)
🎯 Price Target:
TP1: $4,947.70
TP2: $5,000.00
🛑 Stop Loss: $4,800.00 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above $4,824.40, increasing volume, RSI(6) stabilizing above 80, and MACD remaining bullish.

🐻 Bearish Trade Setup: Drop below $4,322.36
☑️ Entry Point: $4,310.00 (enter if price falls below $4,322.36 with bearish momentum confirmation)
🎯 Price Target:
TP1: $4,071.34
TP2: $4,060.00
🛑 Stop Loss: $4,350.00 (above the support level)
⚠️ Confirmation: Watch for a strong bearish candle close below $4,322.36, declining volume, RSI(6) dropping below 70, and MACD turning bearish.

📌 Suggestion to Open Positions Today:
The current price action shows strong bullish momentum with RSI(6) in overbought territory. A breakout above $4,824.40 could signal further gains, while a drop below $4,322.36 might indicate a correction. Monitor volume and RSI for signs of reversal before entering positions.

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